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Jiangsu Sainty

XSSC:600287
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
600287
XSSC
CN¥3B
Market Cap
  1. Home
  2. CN
  3. Capital Goods
Company description

Jiangsu Sainty Corp., Ltd. primarily engages in the import and export of textiles and garments in the People’s Republic of China and internationally. The last earnings update was 91 days ago. More info.


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600287 Share Price and Events
7 Day Returns
-4.2%
XSSC:600287
-4.1%
CN Trade Distributors
-4%
CN Market
1 Year Returns
9.5%
XSSC:600287
16.2%
CN Trade Distributors
26%
CN Market
600287 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Jiangsu Sainty (600287) -4.2% -1% -1% 9.5% -40.2% -58.2%
CN Trade Distributors -4.1% 3.1% 2.8% 16.2% -34.6% -30.7%
CN Market -4% 2% 4.7% 26% -7.5% 9%
1 Year Return vs Industry and Market
  • 600287 underperformed the Trade Distributors industry which returned 16.2% over the past year.
  • 600287 underperformed the Market in China which returned 26% over the past year.
Price Volatility
600287
Industry
5yr Volatility vs Market

Value

 Is Jiangsu Sainty 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 Sainty 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 Sainty.

XSSC:600287 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9.5%
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 XSSC:600287
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CN Govt Bond Rate 3.2%
Equity Risk Premium S&P Global 6.3%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.94
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.936 (1 + (1- 25%) (8.83%))
0.999
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.2% + (0.999 * 6.33%)
9.52%

Discounted Cash Flow Calculation for XSSC:600287 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Jiangsu Sainty 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.

XSSC:600287 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 9.52%)
2020 154.08 Est @ 21.07% 140.69
2021 178.29 Est @ 15.71% 148.63
2022 199.60 Est @ 11.95% 151.93
2023 218.22 Est @ 9.33% 151.66
2024 234.56 Est @ 7.49% 148.84
2025 249.11 Est @ 6.2% 144.33
2026 262.32 Est @ 5.3% 138.77
2027 274.57 Est @ 4.67% 132.62
2028 286.19 Est @ 4.23% 126.21
2029 297.41 Est @ 3.92% 119.76
Present value of next 10 years cash flows CN¥1,403.00
XSSC:600287 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CN¥297.41 × (1 + 3.2%) ÷ (9.52% – 3.2%)
CN¥4,854.01
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥4,854.01 ÷ (1 + 9.52%)10
CN¥1,954.52
XSSC:600287 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥1,403.00 + CN¥1,954.52
CN¥3,357.52
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥3,357.52 / 436.80
CN¥7.69
XSSC:600287 Discount to Share Price
Calculation Result
Value per share (CNY) From above. CN¥7.69
Current discount Discount to share price of CN¥5.86
= -1 x (CN¥5.86 - CN¥7.69) / CN¥7.69
23.8%

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

Current Discount
Amount off the current price Jiangsu Sainty is available for.
Intrinsic value
24%
Share price is CN¥5.86 vs Future cash flow value of CN¥7.69
Current Discount Checks
For Jiangsu Sainty to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Jiangsu Sainty's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Jiangsu Sainty's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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 Sainty's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Jiangsu Sainty's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
XSSC:600287 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CNY CN¥0.44
SHSE:600287 Share Price ** SHSE (2020-01-23) in CNY CN¥5.86
China Trade Distributors Industry PE Ratio Median Figure of 33 Publicly-Listed Trade Distributors Companies 29.54x
China Market PE Ratio Median Figure of 3,033 Publicly-Listed Companies 32.38x

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

** Primary Listing of Jiangsu Sainty.

XSSC:600287 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SHSE:600287 Share Price ÷ EPS (both in CNY)

= 5.86 ÷ 0.44

13.37x

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

  • Jiangsu Sainty is good value based on earnings compared to the CN Trade Distributors industry average.
  • Jiangsu Sainty is good value based on earnings compared to the China market.
Price based on expected Growth
Does Jiangsu Sainty's expected growth come at a high price?
Raw Data
XSSC:600287 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.37x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
China Trade Distributors Industry PEG Ratio Median Figure of 9 Publicly-Listed Trade Distributors Companies 1.23x
China Market PEG Ratio Median Figure of 1,281 Publicly-Listed Companies 1.3x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Jiangsu Sainty, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Jiangsu Sainty's assets?
Raw Data
XSSC:600287 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CNY CN¥4.91
SHSE:600287 Share Price * SHSE (2020-01-23) in CNY CN¥5.86
China Trade Distributors Industry PB Ratio Median Figure of 41 Publicly-Listed Trade Distributors Companies 1.66x
China Market PB Ratio Median Figure of 3,638 Publicly-Listed Companies 2.37x
XSSC:600287 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SHSE:600287 Share Price ÷ Book Value per Share (both in CNY)

= 5.86 ÷ 4.91

1.19x

* Primary Listing of Jiangsu Sainty.

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

  • Jiangsu Sainty is good value based on assets compared to the CN Trade Distributors industry average.
X
Value checks
We assess Jiangsu Sainty'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 Trade Distributors 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 Trade Distributors industry average (and greater than 0)? (1 check)
  5. Jiangsu Sainty has a total score of 4/6, 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.

Future Performance

 How is Jiangsu Sainty expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Jiangsu Sainty 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
24.1%
Expected Trade Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Jiangsu Sainty expected to grow at an attractive rate?
  • Unable to compare Jiangsu Sainty's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Jiangsu Sainty's earnings growth to the China market average as no estimate data is available.
  • Unable to compare Jiangsu Sainty's revenue growth to the China market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
XSSC:600287 Future Growth Rates Data Sources
Data Point Source Value (per year)
China Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 24.1%
China Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 15.2%
China Market Earnings Growth Rate Market Cap Weighted Average 21.5%
China Market Revenue Growth Rate Market Cap Weighted Average 15.7%

*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
XSSC:600287 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
XSSC:600287 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-09-30 4,317 141 192
2019-06-30 4,572 29 220
2019-03-31 4,867 14 272
2018-12-31 4,864 108 93
2018-09-30 4,432 107 81
2018-06-30 4,443 257 92
2018-03-31 4,420 -14 76
2017-12-31 4,419 -62 79
2017-09-30 5,306 -64 76
2017-06-30 5,157 -20 55
2017-03-31 4,973 119 44
2016-12-31 4,751 141 47

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Jiangsu Sainty is high growth as no earnings estimate data is available.
  • Unable to determine if Jiangsu Sainty is high growth as no revenue estimate data is available.
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
XSSC:600287 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 0 Analyst Estimates (S&P Global) See Below

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

XSSC:600287 Past Financials Data
Date (Data in CNY Millions) EPS *
2019-09-30 0.44
2019-06-30 0.50
2019-03-31 0.62
2018-12-31 0.21
2018-09-30 0.19
2018-06-30 0.21
2018-03-31 0.17
2017-12-31 0.18
2017-09-30 0.17
2017-06-30 0.13
2017-03-31 0.10
2016-12-31 0.11

*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.
  • Unable to establish if Jiangsu Sainty will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Jiangsu Sainty is trading at Jiangsu Sainty'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Jiangsu Sainty's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Jiangsu Sainty'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 Sainty has a total score of 0/6, 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.

Past Performance

  How has Jiangsu Sainty 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 Sainty's growth in the last year to its industry (Trade Distributors).
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 Sainty has delivered over 20% year on year earnings growth in the past 5 years.
  • Jiangsu Sainty's 1-year earnings growth exceeds its 5-year average (135.2% vs 31.4%)
  • Jiangsu Sainty's earnings growth has exceeded the CN Trade Distributors industry average in the past year (135.2% vs 5.1%).
Earnings and Revenue History
Jiangsu Sainty'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 Sainty Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XSSC:600287 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 4,317.21 191.53 338.54
2019-06-30 4,572.11 220.18 373.36
2019-03-31 4,866.63 271.85 358.96
2018-12-31 4,864.19 92.69 356.49
2018-09-30 4,431.61 81.44 390.65
2018-06-30 4,442.76 92.17 366.94
2018-03-31 4,419.68 75.86 405.37
2017-12-31 4,418.62 78.51 405.82
2017-09-30 5,305.88 76.39 408.07
2017-06-30 5,156.64 55.05 399.95
2017-03-31 4,972.64 44.48 403.31
2016-12-31 4,750.51 47.00 406.11
2016-09-30 5,225.64 68.47 416.25
2016-06-30 5,167.54 67.25 427.71
2016-03-31 5,540.25 78.21 418.72
2015-12-31 5,840.60 76.21 420.87
2015-09-30 5,763.05 42.59 370.66
2015-06-30 5,808.91 50.66 364.34
2015-03-31 5,814.09 54.69 361.10
2014-12-31 5,777.58 52.32 352.28
2014-09-30 5,852.14 45.16 348.45
2014-06-30 5,954.45 39.84 347.39
2014-03-31 5,948.37 322.34 352.23
2013-12-31 5,797.62 333.81 365.16
2013-09-30 5,860.80 362.62 372.66
2013-06-30 5,849.62 351.61 368.27
2013-03-31 5,965.74 45.72 371.03

*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 Sainty has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Jiangsu Sainty used its assets more efficiently than the CN Trade Distributors industry average last year based on Return on Assets.
  • Jiangsu Sainty has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Jiangsu Sainty'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 Trade Distributors 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 Sainty has a total score of 5/6, 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.

Health

 How is Jiangsu Sainty'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 Sainty's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Jiangsu Sainty is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Jiangsu Sainty's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Jiangsu Sainty'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 16.5x 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 Sainty Company Filings, last reported 3 months ago.

XSSC:600287 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 2,337.80 226.12 1,242.95
2019-06-30 2,333.97 163.70 1,285.65
2019-03-31 2,427.71 218.22 1,197.96
2018-12-31 2,030.71 204.62 516.65
2018-09-30 2,008.69 212.91 385.80
2018-06-30 2,189.14 263.72 589.03
2018-03-31 2,262.56 366.11 581.15
2017-12-31 1,953.84 279.95 502.33
2017-09-30 2,176.88 325.65 538.65
2017-06-30 2,097.79 356.80 578.09
2017-03-31 2,232.46 289.61 687.84
2016-12-31 2,291.73 290.04 717.98
2016-09-30 1,453.49 234.04 516.51
2016-06-30 1,434.58 295.32 614.18
2016-03-31 1,482.19 332.69 663.26
2015-12-31 1,458.63 394.40 673.05
2015-09-30 1,409.16 616.37 778.95
2015-06-30 1,421.61 957.42 709.85
2015-03-31 1,437.93 1,057.40 673.62
2014-12-31 1,413.19 1,107.83 706.30
2014-09-30 1,400.64 1,225.33 625.64
2014-06-30 1,375.67 1,386.44 1,026.09
2014-03-31 1,398.26 1,420.90 839.05
2013-12-31 1,380.55 1,387.20 863.65
2013-09-30
2013-06-30 1,364.81 1,290.59 804.47
2013-03-31 1,039.39 1,403.14 850.59
  • Jiangsu Sainty's level of debt (9.7%) 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 (87.4% vs 9.7% today).
  • Debt is well covered by operating cash flow (62.2%, greater than 20% of total debt).
  • Jiangsu Sainty earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Jiangsu Sainty'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 Sainty has a total score of 6/6, 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.

Dividends

 What is Jiangsu Sainty'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
1.37%
Current annual income from Jiangsu Sainty dividends.
If you bought CN¥2,000 of Jiangsu Sainty shares you are expected to receive CN¥27 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 Sainty's pays a higher dividend yield than the bottom 25% of dividend payers in China (0.45%).
  • Jiangsu Sainty's dividend is below the markets top 25% of dividend payers in China (1.87%).
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
XSSC:600287 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 0 Analyst Estimates (S&P Global) See Below
China Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 2.3%
China Market Average Dividend Yield Market Cap Weighted Average of 2579 Stocks 1.8%
China Minimum Threshold Dividend Yield 10th Percentile 0.2%
China Bottom 25% Dividend Yield 25th Percentile 0.4%
China Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

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

XSSC:600287 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-06-20 0.080 1.316
2018-03-26 0.080 1.405
2017-05-18 0.070 0.923
2016-06-22 0.070 0.678
2015-05-20 0.060 0.592
2014-03-11 0.080 0.904
2013-04-09 0.040 0.599
2012-05-17 0.030 0.471
2011-03-28 0.030 0.350
2010-04-14 0.030 0.335
2009-10-29 0.000 0.000
2009-08-31 0.000 0.000
2009-04-29 0.000 0.000
2009-04-21 0.000 0.000

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Jiangsu Sainty's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (5.5x coverage).
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 Sainty'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 Sainty afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Jiangsu Sainty has a total score of 3/6, see the detailed checks below.


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

Management

 What is the CEO of Jiangsu Sainty'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
Song Gao
COMPENSATION CN¥690,000
TENURE AS CEO 3.1 years
CEO Bio

Song Gao has been General Manager at Jiangsu Sainty Corp., Ltd., since December 28, 2016 and serves as its Director.

CEO Compensation
  • Song's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Song's remuneration is about average for companies of similar size in China.
Management Team

Song Gao

TITLE
General Manager and Director
COMPENSATION
CN¥690K
TENURE
3.1 yrs

Chong Ren Wang

TITLE
Finance Manager
COMPENSATION
CN¥330K
AGE
46

Shengchun Gui

TITLE
Deputy GM & Secretary to Directorate
COMPENSATION
CN¥552K
TENURE
2.2 yrs

Haojie Chen

TITLE
Deputy General Manager and Secretary
COMPENSATION
CN¥500K
AGE
40

Jing Chen

TITLE
Deputy General Manager
COMPENSATION
CN¥504K
AGE
42

Ping Zhang

TITLE
Assistant to General Manager
COMPENSATION
CN¥208K
AGE
56

Zhen Yu Zheng

TITLE
Director of General Manager's Office and Member of Supervisory Board
AGE
49
Board of Directors

Qingfeng Yang

TITLE
Chairman
AGE
45
TENURE
4.8 yrs

Song Gao

TITLE
General Manager and Director
COMPENSATION
CN¥690K

Ping Zhang

TITLE
Assistant to General Manager
COMPENSATION
CN¥208K
AGE
56

Zhen Yu Zheng

TITLE
Director of General Manager's Office and Member of Supervisory Board
AGE
49

Huai E Cao

TITLE
Chairman of Supervisory Board
AGE
63

Guo Jun Jin

TITLE
Director
COMPENSATION
CN¥690K
AGE
60

Yan Yan Dong

TITLE
Director
AGE
53

You Mei Zhou

TITLE
Independent Director
COMPENSATION
CN¥60K
AGE
59

Yang Ge

TITLE
Independent Director
COMPENSATION
CN¥25K
AGE
57

Qing Wen Wei

TITLE
Member of Supervisory Board
AGE
51
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 Sainty'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 Sainty 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.

News

Simply Wall St News

Company Info

Description

Jiangsu Sainty Corp., Ltd. primarily engages in the import and export of textiles and garments in the People’s Republic of China and internationally. The company offers woven garments, including wind resistant coats and jackets under the J. Crew, Ralph Lauren, Levis, Marina Yachting, 18CRR81, and other brands; casual and fashion apparel; lifestyle apparel, such as suits, outwear, bottoms, shirts, dress, T-shirts, sweaters, etc.; and casual and formal ladies’ and men’s’ wear. It also imports, purchases, and sells chemical products, MCC products, metal materials, etc.; fashion clothes, special tooling products, casual clothes, shirts, children’s clothes, and uniforms; clothing products, clothing accessories, electronic machine products, plastic particles, wood products, etc.; and pharmaceutical chemicals, textiles, and daily necessities, as well as operates flagship stores on various e-commerce platforms, as well as its own platform under the ESAINTY name. In addition, the company imports and exports garments, auto parts, chemical products, light industrial products, and electronic hardware and building materials; and manufactures, exports, and imports various suits and casual wear under the Jiangsu Famous brand. Further, it offers beer under the Budweiser & Heineken brands; rice wine under the Wuliangye, 1573, and Yanghe Blue Classic brands; table wine under the Changyu & Great Wall brands; and French wine under the Chemin Des Papes, as well as Rical imported wine. Additionally, it produces and exports female clothes and business suits; and wind resistant coats and jackets, as well as stores various liquid chemical products, such as phenol, 1,4–butanediol, ethylene glycol, diethylene glycol, styrene, toluene, xylene, methanol, and o-xylene. The company was founded in 1979 and is based in Nanjing, the People’s Republic of China.

Details
Name: Jiangsu Sainty Corp., Ltd.
600287
Exchange: XSSC
Founded: 1979
CN¥2,559,624,993
436,796,074
Website: http://www.saintycorp.com
Address: Jiangsu Sainty Corp., Ltd.
Information Center,
Tower B,
Nanjing,
Jiangsu Province, 210012,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SHSE 600287 Domestic Shares Shanghai Stock Exchange CN CNY 01. Sep 2000
XSSC 600287 Domestic Shares Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect CN CNY 01. Sep 2000
Number of employees
Current staff
Staff numbers
2,252
Jiangsu Sainty employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/01/28 16:12
End of day share price update: 2020/01/23 00:00
Last earnings filing: 2019/10/29
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


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.