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Sichuan Jinshi TechnologyLtd

XSEC:002951
Snowflake Description

Flawless balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
002951
XSEC
CN¥6B
Market Cap
  1. Home
  2. CN
  3. Commercial Services
Company description

Sichuan Jinshi Technology Co., Ltd. engages in the development, production, and sale of cigarette labels for cigarette manufacturers in China. The last earnings update was 39 days ago. More info.


Add to Portfolio Compare Print
  • Sichuan Jinshi TechnologyLtd has significant price volatility in the past 3 months.
002951 Share Price and Events
7 Day Returns
1.4%
XSEC:002951
-1.8%
CN Commercial Services
-0.1%
CN Market
1 Year Returns
-
XSEC:002951
-17.9%
CN Commercial Services
-9%
CN Market
002951 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sichuan Jinshi TechnologyLtd (002951) 1.4% -15.5% -15.5% - - -
CN Commercial Services -1.8% -9.1% -2% -17.9% -45.7% -47%
CN Market -0.1% -9% -6% -9% -16% -24.6%
1 Year Return vs Industry and Market
  • No trading data on 002951.
  • No trading data on 002951.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Sichuan Jinshi TechnologyLtd 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 Sichuan Jinshi TechnologyLtd 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 Sichuan Jinshi TechnologyLtd.

XSEC:002951 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 8.3%
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 XSEC:002951
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CN Govt Bond Rate 3.2%
Equity Risk Premium S&P Global 6.3%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.594 (1 + (1- 25%) (0%))
0.728
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.2% + (0.8 * 6.33%)
8.26%

Discounted Cash Flow Calculation for XSEC:002951 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Sichuan Jinshi TechnologyLtd 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.

XSEC:002951 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 8.26%)
2020 388.23 Est @ 15.06% 358.59
2021 432.89 Est @ 11.5% 369.32
2022 471.90 Est @ 9.01% 371.88
2023 506.21 Est @ 7.27% 368.46
2024 536.82 Est @ 6.05% 360.92
2025 564.71 Est @ 5.19% 350.69
2026 590.66 Est @ 4.6% 338.80
2027 615.33 Est @ 4.18% 326.01
2028 639.23 Est @ 3.88% 312.82
2029 662.74 Est @ 3.68% 299.57
Present value of next 10 years cash flows CN¥3,457.00
XSEC:002951 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CN¥662.74 × (1 + 3.2%) ÷ (8.26% – 3.2%)
CN¥13,506.15
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥13,506.15 ÷ (1 + 8.26%)10
CN¥6,105.07
XSEC:002951 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥3,457.00 + CN¥6,105.07
CN¥9,562.07
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥9,562.07 / 405.00
CN¥23.61
XSEC:002951 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in XSEC:002951 represents 1.0137x of SZSE:002951
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.0137x
Value per Share
(Listing Adjusted, CNY)
= Value per Share (CNY) x Listing Adjustment Factor
= CN¥ 23.61 x 1.0137
CN¥23.93
Value per share (CNY) From above. CN¥23.93
Current discount Discount to share price of CN¥14.80
= -1 x (CN¥14.80 - CN¥23.93) / CN¥23.93
38.2%

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

Current Discount
Amount off the current price Sichuan Jinshi TechnologyLtd is available for.
Intrinsic value
38%
Share price is CN¥14.8 vs Future cash flow value of CN¥23.93
Current Discount Checks
For Sichuan Jinshi TechnologyLtd to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Sichuan Jinshi TechnologyLtd's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Sichuan Jinshi TechnologyLtd'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 Sichuan Jinshi TechnologyLtd's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sichuan Jinshi TechnologyLtd's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
XSEC:002951 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥0.46
SZSE:002951 Share Price ** SZSE (2020-04-02) in CNY CN¥14.6
China Commercial Services Industry PE Ratio Median Figure of 59 Publicly-Listed Commercial Services Companies 29.43x
China Market PE Ratio Median Figure of 3,195 Publicly-Listed Companies 32.4x

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

** Primary Listing of Sichuan Jinshi TechnologyLtd.

XSEC:002951 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SZSE:002951 Share Price ÷ EPS (both in CNY)

= 14.6 ÷ 0.46

31.74x

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

  • Sichuan Jinshi TechnologyLtd is overvalued based on earnings compared to the CN Commercial Services industry average.
  • Sichuan Jinshi TechnologyLtd is good value based on earnings compared to the China market.
Price based on expected Growth
Does Sichuan Jinshi TechnologyLtd's expected growth come at a high price?
Raw Data
XSEC:002951 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 31.74x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
China Commercial Services Industry PEG Ratio Median Figure of 21 Publicly-Listed Commercial Services Companies 1.16x
China Market PEG Ratio Median Figure of 1,271 Publicly-Listed Companies 1.27x

*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 Sichuan Jinshi TechnologyLtd, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sichuan Jinshi TechnologyLtd's assets?
Raw Data
XSEC:002951 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥3.10
SZSE:002951 Share Price * SZSE (2020-04-02) in CNY CN¥14.6
China Commercial Services Industry PB Ratio Median Figure of 66 Publicly-Listed Commercial Services Companies 2.09x
China Market PB Ratio Median Figure of 3,690 Publicly-Listed Companies 2.27x
XSEC:002951 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SZSE:002951 Share Price ÷ Book Value per Share (both in CNY)

= 14.6 ÷ 3.10

4.71x

* Primary Listing of Sichuan Jinshi TechnologyLtd.

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

  • Sichuan Jinshi TechnologyLtd is overvalued based on assets compared to the CN Commercial Services industry average.
X
Value checks
We assess Sichuan Jinshi TechnologyLtd'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 Commercial Services 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 Commercial Services industry average (and greater than 0)? (1 check)
  5. Sichuan Jinshi TechnologyLtd has a total score of 2/6, 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 Sichuan Jinshi TechnologyLtd 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 Sichuan Jinshi TechnologyLtd 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
29.6%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sichuan Jinshi TechnologyLtd expected to grow at an attractive rate?
  • Unable to compare Sichuan Jinshi TechnologyLtd's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Sichuan Jinshi TechnologyLtd's earnings growth to the China market average as no estimate data is available.
  • Unable to compare Sichuan Jinshi TechnologyLtd's revenue growth to the China market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
XSEC:002951 Future Growth Rates Data Sources
Data Point Source Value (per year)
China Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 29.6%
China Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 20.1%
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
XSEC:002951 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.
XSEC:002951 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 585 180
2019-09-30 589 368 185
2019-06-30 576 329 169
2019-03-31 670 245 197
2018-12-31 653 220 195
2018-09-30 586 178 169
2018-06-30 601 259 177
2018-03-31 545 311 175
2017-12-31 545 383 181

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Sichuan Jinshi TechnologyLtd is high growth as no earnings estimate data is available.
  • Unable to determine if Sichuan Jinshi TechnologyLtd 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
XSEC:002951 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 Sichuan Jinshi TechnologyLtd Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XSEC:002951 Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 0.46
2019-09-30 0.48
2019-06-30 0.44
2019-03-31 0.54
2018-12-31 0.54
2018-09-30 0.47
2018-06-30 0.49
2018-03-31 0.51
2017-12-31 0.55

*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 Sichuan Jinshi TechnologyLtd will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Sichuan Jinshi TechnologyLtd's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Sichuan Jinshi TechnologyLtd'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 Commercial Services companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
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Future performance checks
We assess Sichuan Jinshi TechnologyLtd'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.
Sichuan Jinshi TechnologyLtd 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 Sichuan Jinshi TechnologyLtd 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 Sichuan Jinshi TechnologyLtd's growth in the last year to its industry (Commercial Services).
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.
  • Sichuan Jinshi TechnologyLtd's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Sichuan Jinshi TechnologyLtd's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Sichuan Jinshi TechnologyLtd's 1-year earnings growth is negative, it can't be compared to the CN Commercial Services industry average.
Earnings and Revenue History
Sichuan Jinshi TechnologyLtd'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 Sichuan Jinshi TechnologyLtd Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XSEC:002951 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 584.63 180.41
2019-09-30 588.51 184.66 40.22 14.76
2019-06-30 575.86 169.40 33.24 15.10
2019-03-31 670.20 197.19 37.31 16.26
2018-12-31 653.18 195.42 35.97 16.23
2018-09-30 585.67 169.06 27.36 16.15
2018-06-30 600.95 176.70 27.42 18.48
2018-03-31 545.11 174.94 23.35 14.53
2017-12-31 544.93 180.67 21.95 11.48
2016-12-31 813.51 277.56 14.60 8.43
2015-12-31 690.59 263.58 50.97 8.41
2014-12-31 751.28 201.87 54.25

*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.
  • Sichuan Jinshi TechnologyLtd has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sichuan Jinshi TechnologyLtd used its assets more efficiently than the CN Commercial Services industry average last year based on Return on Assets.
  • Sichuan Jinshi TechnologyLtd's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sichuan Jinshi TechnologyLtd'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 Commercial Services 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.
Sichuan Jinshi TechnologyLtd has a total score of 1/6, 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 Sichuan Jinshi TechnologyLtd'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 Sichuan Jinshi TechnologyLtd's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sichuan Jinshi TechnologyLtd is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sichuan Jinshi TechnologyLtd's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sichuan Jinshi TechnologyLtd'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.
  • Sichuan Jinshi TechnologyLtd has no debt, it does not need to be covered by short term assets.
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 Sichuan Jinshi TechnologyLtd Company Filings, last reported 3 months ago.

XSEC:002951 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,255.73 0.00 319.44
2019-09-30 1,255.73 0.00 319.44
2019-06-30 1,364.22 0.00 951.62
2019-03-31 1,345.81 0.00 620.63
2018-12-31 915.02 0.00 363.79
2018-09-30
2018-06-30 804.51 0.00 258.30
2018-03-31 799.88 0.00 264.98
2017-12-31 799.88 0.00 264.98
2016-12-31 491.17 140.00 194.19
2015-12-31 487.19 160.00 21.97
2014-12-31 614.66 150.00 148.87
  • Sichuan Jinshi TechnologyLtd has no debt.
  • Sichuan Jinshi TechnologyLtd has no debt compared to 5 years ago when it was 24.4%.
  • Sichuan Jinshi TechnologyLtd has no debt, it does not need to be covered by operating cash flow.
  • Sichuan Jinshi TechnologyLtd has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Sichuan Jinshi TechnologyLtd'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. Sichuan Jinshi TechnologyLtd 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 Sichuan Jinshi TechnologyLtd'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
5.48%
Current annual income from Sichuan Jinshi TechnologyLtd dividends.
If you bought CN¥2,000 of Sichuan Jinshi TechnologyLtd shares you are expected to receive CN¥110 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?
  • Sichuan Jinshi TechnologyLtd's pays a higher dividend yield than the bottom 25% of dividend payers in China (0.45%).
  • Sichuan Jinshi TechnologyLtd's dividend is above the markets top 25% of dividend payers in China (2.03%).
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
XSEC:002951 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 Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 46 Stocks 1.1%
China Market Average Dividend Yield Market Cap Weighted Average of 2587 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.

XSEC:002951 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-10-30 0.800 4.853
2019-08-27 0.800 3.973

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

  • It is too early to tell whether Sichuan Jinshi TechnologyLtd has stable dividend payments.
  • Sichuan Jinshi TechnologyLtd only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Sichuan Jinshi TechnologyLtd's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.2x 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 Sichuan Jinshi TechnologyLtd'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 Sichuan Jinshi TechnologyLtd afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sichuan Jinshi TechnologyLtd 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 Sichuan Jinshi TechnologyLtd'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.
  • Sichuan Jinshi TechnologyLtd has no CEO, or we have no data on them.
Management Team
Board of Directors

Haijian Li

TITLE
Chairman of the Board

Wenxiu Li

TITLE
Director
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 Sichuan Jinshi TechnologyLtd'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. Sichuan Jinshi TechnologyLtd 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

Sichuan Jinshi Technology Co., Ltd. engages in the development, production, and sale of cigarette labels for cigarette manufacturers in China. The company is based in Chengdu, China.

Details
Name: Sichuan Jinshi Technology Co.,Ltd
002951
Exchange: XSEC
Founded:
CN¥5,913,000,000
405,000,000
Website: http://www.jinshigp.com
Address: Sichuan Jinshi Technology Co.,Ltd
No. 289, West Third Road,
Chengdu Economic and Technological Development Zone,
Chengdu,
Sichuan Province, 610101,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SZSE 002951 Domestic Shares Shenzhen Stock Exchange CN CNY 15. Mar 2019
XSEC 002951 Domestic Shares Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect CN CNY 15. Mar 2019
Number of employees
Current staff
Staff numbers
508
Sichuan Jinshi TechnologyLtd employees.
Industry
Commercial Printing
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 19:10
End of day share price update: 2020/04/02 00:00
Last earnings filing: 2020/02/24
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.