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Guangdong Chant Group

SZSE:002616
Snowflake Description

High growth potential with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
002616
SZSE
CN¥6B
Market Cap
  1. Home
  2. CN
  3. Consumer Durables
Company description

Guangdong Chant Group Inc. manufactures and sells thermal energy and gas appliances in China. The last earnings update was 53 days ago. More info.


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002616 Share Price and Events
7 Day Returns
1.6%
SZSE:002616
-1.4%
CN Consumer Durables
-0.1%
CN Market
1 Year Returns
-6.2%
SZSE:002616
-9.1%
CN Consumer Durables
-9.2%
CN Market
002616 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Guangdong Chant Group (002616) 1.6% -5.7% -1.9% -6.2% -39.2% -25.2%
CN Consumer Durables -1.4% -14.5% -15.3% -9.1% 3% 23.7%
CN Market -0.1% -9.8% -6.1% -9.2% -16.2% -26.5%
1 Year Return vs Industry and Market
  • 002616 outperformed the Consumer Durables industry which returned -9.1% over the past year.
  • 002616 outperformed the Market in China which returned -9.2% over the past year.
Price Volatility
002616
Industry
5yr Volatility vs Market

002616 Value

 Is Guangdong Chant Group 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 Guangdong Chant Group 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 Guangdong Chant Group.

SZSE:002616 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in CNY CN¥ .200000
Payout Ratio Company Filings (2019-12-31) 6726.3%
Discount Rate (Cost of Equity) See below 9.6%
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:002616
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CN Govt Bond Rate 3.2%
Equity Risk Premium S&P Global 6.3%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.719 (1 + (1- 25%) (46.45%))
1.019
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.02
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.2% + (1.019 * 6.33%)
9.65%

Discounted Cash Flow Calculation for SZSE:002616 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Guangdong Chant Group is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

SZSE:002616 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= CN¥0.2 / (9.65% - 3.2%)
CN¥2.82
SZSE:002616 Discount to Share Price
Calculation Result
Value per share (CNY) From above. CN¥2.82
Current discount Discount to share price of CN¥8.26
= -1 x (CN¥8.26 - CN¥2.82) / CN¥2.82
-192.9%

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

  • The current share price of Guangdong Chant Group 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 Guangdong Chant Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Guangdong Chant Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SZSE:002616 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥0.40
SZSE:002616 Share Price ** SZSE (2020-04-03) in CNY CN¥8.26
China Consumer Durables Industry PE Ratio Median Figure of 75 Publicly-Listed Consumer Durables Companies 25.47x
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 Guangdong Chant Group.

SZSE:002616 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SZSE:002616 Share Price ÷ EPS (both in CNY)

= 8.26 ÷ 0.40

20.73x

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

  • Guangdong Chant Group is good value based on earnings compared to the CN Consumer Durables industry average.
  • Guangdong Chant Group is good value based on earnings compared to the China market.
Price based on expected Growth
Does Guangdong Chant Group's expected growth come at a high price?
Raw Data
SZSE:002616 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 20.73x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
40.3%per year
China Consumer Durables Industry PEG Ratio Median Figure of 42 Publicly-Listed Consumer Durables Companies 1.3x
China Market PEG Ratio Median Figure of 1,275 Publicly-Listed Companies 1.26x

*Line of best fit is calculated by linear regression .

SZSE:002616 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 20.73x ÷ 40.3%

0.51x

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

  • Guangdong Chant Group is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Guangdong Chant Group's assets?
Raw Data
SZSE:002616 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥3.11
SZSE:002616 Share Price * SZSE (2020-04-03) in CNY CN¥8.26
China Consumer Durables Industry PB Ratio Median Figure of 87 Publicly-Listed Consumer Durables Companies 2.63x
China Market PB Ratio Median Figure of 3,691 Publicly-Listed Companies 2.26x
SZSE:002616 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SZSE:002616 Share Price ÷ Book Value per Share (both in CNY)

= 8.26 ÷ 3.11

2.66x

* Primary Listing of Guangdong Chant Group.

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

  • Guangdong Chant Group is overvalued based on assets compared to the CN Consumer Durables industry average.
X
Value checks
We assess Guangdong Chant Group'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 Consumer Durables 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 Consumer Durables industry average (and greater than 0)? (1 check)
  5. Guangdong Chant Group has a total score of 3/6, 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.

002616 Future Performance

 How is Guangdong Chant Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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
40.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Guangdong Chant Group expected to grow at an attractive rate?
  • Guangdong Chant Group's earnings growth is expected to exceed the low risk savings rate of 3.2%.
Growth vs Market Checks
  • Guangdong Chant Group's earnings growth is expected to exceed the China market average.
  • Guangdong Chant Group's revenue growth is expected to exceed the China market average.
Annual Growth Rates Comparison
Raw Data
SZSE:002616 Future Growth Rates Data Sources
Data Point Source Value (per year)
SZSE:002616 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 40.3%
SZSE:002616 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 40.5%
China Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 14.5%
China Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 11.2%
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:002616 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SZSE:002616 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 5,907 889 692 2
2020-12-31 4,226 887 488 2
2020-04-04
SZSE:002616 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 2,498 296
2019-09-30 2,318 415 263
2019-06-30 2,152 823 231
2019-03-31 2,079 725 195
2018-12-31 2,007 700 167
2018-09-30 1,977 417 114
2018-06-30 1,843 -57 69
2018-03-31 1,822 7 82
2017-12-31 1,893 28 88
2017-09-30 1,878 307 130
2017-06-30 1,905 305 149
2017-03-31 1,922 240 155

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Guangdong Chant Group's earnings are expected to grow significantly at over 20% yearly.
  • Guangdong Chant Group'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:002616 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 2 Analyst Estimates (S&P Global) See Below

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

SZSE:002616 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.88 0.97 0.78 2.00
2020-12-31 0.62 0.65 0.58 2.00
2020-04-04
SZSE:002616 Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 0.40
2019-09-30 0.35
2019-06-30 0.31
2019-03-31 0.26
2018-12-31 0.22
2018-09-30 0.15
2018-06-30 0.09
2018-03-31 0.11
2017-12-31 0.12
2017-09-30 0.18
2017-06-30 0.20
2017-03-31 0.21

*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.
  • Guangdong Chant Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Guangdong Chant Group'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.
Guangdong Chant Group 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.

002616 Past Performance

  How has Guangdong Chant Group 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 Guangdong Chant Group's growth in the last year to its industry (Consumer Durables).
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.
  • Guangdong Chant Group has delivered over 20% year on year earnings growth in the past 5 years.
  • Guangdong Chant Group's 1-year earnings growth exceeds its 5-year average (77.2% vs 20.4%)
  • Guangdong Chant Group's earnings growth has exceeded the CN Consumer Durables industry average in the past year (77.2% vs 11.7%).
Earnings and Revenue History
Guangdong Chant Group'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 Guangdong Chant Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SZSE:002616 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 2,497.97 295.61
2019-09-30 2,318.24 263.07 262.69 19.90
2019-06-30 2,152.22 231.42 216.94 18.69
2019-03-31 2,079.18 194.68 240.15 17.44
2018-12-31 2,007.17 166.81 232.23 16.12
2018-09-30 1,976.62 113.69 294.63 13.99
2018-06-30 1,842.86 68.56 288.05 21.14
2018-03-31 1,821.58 82.33 261.65 17.45
2017-12-31 1,892.68 87.58 265.46 14.42
2017-09-30 1,877.91 130.43 241.76 10.88
2017-06-30 1,904.83 149.45 258.11
2017-03-31 1,922.15 155.19 267.80
2016-12-31 1,906.79 163.13 284.20
2016-09-30 1,841.25 132.48 291.99
2016-06-30 1,777.41 123.33 284.18
2016-03-31 1,717.77 117.95 258.52
2015-12-31 1,600.74 109.63 227.98
2015-09-30 1,561.00 87.27 208.37
2015-06-30 1,520.17 96.65 201.37
2015-03-31 1,431.98 92.57 192.55
2014-12-31 1,385.52 62.79 181.64
2014-09-30 1,293.91 56.48 165.97
2014-06-30 1,222.43 36.91 155.24
2014-03-31 1,184.94 29.20 145.58
2013-12-31 1,117.71 39.84 139.42
2013-09-30 1,099.36 64.88 129.38
2013-06-30 1,074.35 61.18 124.71

*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.
  • Guangdong Chant Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Guangdong Chant Group used its assets less efficiently than the CN Consumer Durables industry average last year based on Return on Assets.
  • Guangdong Chant Group has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Guangdong Chant Group'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 Consumer Durables 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.
Guangdong Chant Group 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.

002616 Health

 How is Guangdong Chant Group'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 Guangdong Chant Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Guangdong Chant Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Guangdong Chant Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Guangdong Chant Group'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 0.5x 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 Guangdong Chant Group Company Filings, last reported 3 months ago.

SZSE:002616 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 2,317.58 2,846.34 167.65
2019-09-30 2,317.58 2,793.11 167.65
2019-06-30 2,220.17 2,335.66 207.91
2019-03-31 2,169.41 2,027.75 177.71
2018-12-31 2,114.98 1,916.86 339.65
2018-09-30 2,045.33 1,836.82 636.83
2018-06-30 2,130.88 1,719.19 252.07
2018-03-31 2,121.73 1,690.69 352.91
2017-12-31 2,099.75 1,360.71 103.80
2017-09-30 2,082.28 1,226.99 141.26
2017-06-30 2,041.08 1,082.65 262.14
2017-03-31 2,010.93 886.23 101.01
2016-12-31 1,979.05 691.03 161.36
2016-09-30 1,918.80 651.65 151.47
2016-06-30 1,883.82 771.06 197.56
2016-03-31 1,836.31 748.98 293.23
2015-12-31 1,621.28 717.61 174.58
2015-09-30 1,582.92 581.72 269.91
2015-06-30 1,652.13 531.26 258.00
2015-03-31 1,687.09 532.20 353.01
2014-12-31 1,662.22 815.73 715.89
2014-09-30 1,124.11 824.10 211.19
2014-06-30 1,083.86 789.52 208.24
2014-03-31 1,064.96 757.18 205.18
2013-12-31 1,070.15 598.07 141.01
2013-09-30 1,070.05 591.99 154.77
2013-06-30 1,049.28 614.29 175.56
  • Guangdong Chant Group's level of debt (117.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (48.9% vs 117.6% today).
  • Debt is not well covered by operating cash flow (15.2%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 6.6x coverage).
X
Financial health checks
We assess Guangdong Chant Group'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. Guangdong Chant Group has a total score of 1/6, 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.

002616 Dividends

 What is Guangdong Chant Group'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
2.42%
Current annual income from Guangdong Chant Group dividends.
If you bought CN¥2,000 of Guangdong Chant Group shares you are expected to receive CN¥48 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?
  • Guangdong Chant Group's pays a higher dividend yield than the bottom 25% of dividend payers in China (0.46%).
  • Guangdong Chant Group's dividend is above 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:002616 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 2 Analyst Estimates (S&P Global) See Below
China Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 66 Stocks 2.6%
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:002616 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:002616 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-02-27 0.200 2.619
2018-10-23 0.200 3.029
2018-09-13 0.400 7.872
2018-04-27 0.000 0.000
2018-03-26 0.000 0.000
2017-03-31 0.060 0.583
2017-02-22 0.060 0.496
2016-10-24 0.060 0.590
2016-09-21 0.120 1.209
2016-08-29 0.060 0.568
2016-03-25 0.175 1.690
2016-02-23 0.175 1.885
2015-10-30 0.175 1.517
2015-09-09 0.175 1.466
2015-05-05 0.088 0.626
2014-05-06 0.015 0.275
2013-06-24 0.088 2.112
2012-07-30 0.025 0.762
2012-06-01 0.025 0.656

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

  • Guangdong Chant Group has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Guangdong Chant Group only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of Guangdong Chant Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Guangdong Chant Group has not reported any payouts.
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 Guangdong Chant Group'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 Guangdong Chant Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Guangdong Chant Group has a total score of 2/6, see the detailed checks below.


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

002616 Management

 What is the CEO of Guangdong Chant Group'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
Zheng Hui Mai
COMPENSATION CN¥360,000
AGE 63
CEO Bio

Mr. Zheng Hui Mai serves as the President of Guangdong Chant Group Inc. and has been its Non-Independent Director since November 9, 2016.

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

Zheng Hui Mai

TITLE
President and Non-Independent Director
COMPENSATION
CN¥360K
AGE
63

Ru Yi Zhang

TITLE
Chief Financial Officer
COMPENSATION
CN¥300K
AGE
56

Yun Gong

TITLE
Vice President and Secretary of the Board of Directors
COMPENSATION
CN¥240K
AGE
47
Board of Directors Tenure

Average tenure and age of the Guangdong Chant Group board of directors in years:

3.4
Average Tenure
54
Average Age
  • The tenure for the Guangdong Chant Group board of directors is about average.
Board of Directors

Qiqiang He

TITLE
Chairman of the Board of Directors
COMPENSATION
CN¥360K
AGE
60

Zheng Hui Mai

TITLE
President and Non-Independent Director
COMPENSATION
CN¥360K
AGE
63
TENURE
3.4 yrs

Ru Yi Zhang

TITLE
Chief Financial Officer
COMPENSATION
CN¥300K
AGE
56
TENURE
3.4 yrs

Pei Ling Zhong

TITLE
Chairman of Supervisory Board
AGE
54

Guojing Chi

TITLE
Independent Director
COMPENSATION
CN¥72K
AGE
61
TENURE
3.4 yrs

Zhengyu Qin

TITLE
Independent Director
COMPENSATION
CN¥72K
AGE
53
TENURE
3.4 yrs

Xingxiang Liu

TITLE
Independent Director
COMPENSATION
CN¥12K
AGE
44
TENURE
3.4 yrs

Jiefen Liao

TITLE
Member of Supervisory Board
AGE
54

Wanhua Liang

TITLE
Member of Supervisory Board
AGE
51
TENURE
3.4 yrs

Jutao Chen

TITLE
Supervisor
TENURE
3.4 yrs
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 Guangdong Chant Group'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. Guangdong Chant Group 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.

002616 News

Simply Wall St News

002616 Company Info

Description

Guangdong Chant Group Inc. manufactures and sells thermal energy and gas appliances in China. The company offers outdoor ovens, gas valves, gas heaters, barbecue grills, gas cookers, and gas appliance parts, umbrella heaters, pressure reducing valves, plug valves, burners, and other accessories. It also produces renewable energy, such as thermoelectric and solid fuels. The company also exports its products to 36 countries. Guangdong Chant Group Inc. was founded in 1985 and is based in Zhongshan, China.

Details
Name: Guangdong Chant Group Inc.
002616
Exchange: SZSE
Founded: 1985
CN¥6,127,954,769
741,883,144
Website: http://www.chinachant.com
Address: Guangdong Chant Group Inc.
No. 42, South Xiaolan Industrial Avenue,
Zhongshan,
Guangdong Province, 528415,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SZSE 002616 Domestic Shares Shenzhen Stock Exchange CN CNY 20. Sep 2011
XSEC 002616 Domestic Shares Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect CN CNY 20. Sep 2011
Number of employees
Current staff
Staff numbers
0
Guangdong Chant Group employees.
Industry
Household Appliances
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 18:11
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/02/11
Last earnings filing: 2020/02/11
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.