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Ningbo Peacebird Fashion

XSSC:603877
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
603877
XSSC
CN¥7B
Market Cap
  1. Home
  2. CN
  3. Consumer Durables
Company description

Ningbo Peacebird Fashion Co., Ltd. operates as a retail-oriented multi-brand fashion company in China. The last earnings update was 42 days ago. More info.


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603877 Share Price and Events
7 Day Returns
4.2%
XSSC:603877
1.3%
CN Luxury
0.7%
CN Market
1 Year Returns
-25.3%
XSSC:603877
-7.9%
CN Luxury
17%
CN Market
603877 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ningbo Peacebird Fashion (603877) 4.2% 3.9% 3.2% -25.3% - -
CN Luxury 1.3% -4.3% -6.8% -7.9% -50.9% -24%
CN Market 0.7% -2.8% -3.5% 17% -17.5% 7.4%
1 Year Return vs Industry and Market
  • 603877 underperformed the Luxury industry which returned -7.9% over the past year.
  • 603877 underperformed the Market in China which returned 17% over the past year.
Price Volatility
603877
Industry
5yr Volatility vs Market

Value

 Is Ningbo Peacebird Fashion 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 Ningbo Peacebird Fashion 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 Ningbo Peacebird Fashion.

XSSC:603877 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in CNY CN¥ 0.95161375
Payout Ratio Company Filings (2019-09-30) 6754.5%
Discount Rate (Cost of Equity) See below 9%
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:603877
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CN Govt Bond Rate 3.2%
Equity Risk Premium S&P Global 6.3%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.84
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.838 (1 + (1- 25%) (5.99%))
0.923
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.92
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.2% + (0.923 * 6.33%)
9.04%

Discounted Cash Flow Calculation for XSSC:603877 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Ningbo Peacebird Fashion 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.

XSSC:603877 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= CN¥0.95 / (9.04% - 3.2%)
CN¥16.29
XSSC:603877 Discount to Share Price
Calculation Result
Value per share (CNY) From above. CN¥16.29
Current discount Discount to share price of CN¥14.71
= -1 x (CN¥14.71 - CN¥16.29) / CN¥16.29
9.7%

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

Current Discount
Amount off the current price Ningbo Peacebird Fashion is available for.
Intrinsic value
10%
Share price is CN¥14.71 vs Future cash flow value of CN¥16.29
Current Discount Checks
For Ningbo Peacebird Fashion to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Ningbo Peacebird Fashion's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Ningbo Peacebird Fashion'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 Ningbo Peacebird Fashion's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ningbo Peacebird Fashion's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
XSSC:603877 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CNY CN¥1.06
SHSE:603877 Share Price ** SHSE (2019-12-05) in CNY CN¥14.71
China Luxury Industry PE Ratio Median Figure of 81 Publicly-Listed Luxury Companies 22.9x
China Market PE Ratio Median Figure of 2,996 Publicly-Listed Companies 30.25x

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

** Primary Listing of Ningbo Peacebird Fashion.

XSSC:603877 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SHSE:603877 Share Price ÷ EPS (both in CNY)

= 14.71 ÷ 1.06

13.93x

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

  • Ningbo Peacebird Fashion is good value based on earnings compared to the CN Luxury industry average.
  • Ningbo Peacebird Fashion is good value based on earnings compared to the China market.
Price based on expected Growth
Does Ningbo Peacebird Fashion's expected growth come at a high price?
Raw Data
XSSC:603877 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.93x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
14.4%per year
China Luxury Industry PEG Ratio Median Figure of 41 Publicly-Listed Luxury Companies 1.07x
China Market PEG Ratio Median Figure of 1,261 Publicly-Listed Companies 1.19x

*Line of best fit is calculated by linear regression .

XSSC:603877 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.93x ÷ 14.4%

0.97x

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

  • Ningbo Peacebird Fashion is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Ningbo Peacebird Fashion's assets?
Raw Data
XSSC:603877 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CNY CN¥6.62
SHSE:603877 Share Price * SHSE (2019-12-05) in CNY CN¥14.71
China Luxury Industry PB Ratio Median Figure of 96 Publicly-Listed Luxury Companies 1.7x
China Market PB Ratio Median Figure of 3,603 Publicly-Listed Companies 2.21x
XSSC:603877 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SHSE:603877 Share Price ÷ Book Value per Share (both in CNY)

= 14.71 ÷ 6.62

2.22x

* Primary Listing of Ningbo Peacebird Fashion.

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

  • Ningbo Peacebird Fashion is overvalued based on assets compared to the CN Luxury industry average.
X
Value checks
We assess Ningbo Peacebird Fashion'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 Luxury 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 Luxury industry average (and greater than 0)? (1 check)
  5. Ningbo Peacebird Fashion 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.

Future Performance

 How is Ningbo Peacebird Fashion expected to perform in the next 1 to 3 years based on estimates from 5 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
14.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ningbo Peacebird Fashion expected to grow at an attractive rate?
  • Ningbo Peacebird Fashion's earnings growth is expected to exceed the low risk savings rate of 3.2%.
Growth vs Market Checks
  • Ningbo Peacebird Fashion's earnings growth is positive but not above the China market average.
  • Ningbo Peacebird Fashion's revenue growth is positive but not above the China market average.
Annual Growth Rates Comparison
Raw Data
XSSC:603877 Future Growth Rates Data Sources
Data Point Source Value (per year)
XSSC:603877 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 14.4%
XSSC:603877 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 9.4%
China Luxury Industry Earnings Growth Rate Market Cap Weighted Average 21.6%
China Luxury Industry Revenue Growth Rate Market Cap Weighted Average 12.6%
China Market Earnings Growth Rate Market Cap Weighted Average 20.8%
China Market Revenue Growth Rate Market Cap Weighted Average 15.6%

*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:603877 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
XSSC:603877 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 9,763 1,004 788 4
2020-12-31 8,872 960 696 5
2019-12-31 8,143 1,030 622 5
2019-12-06
XSSC:603877 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-09-30 7,827 956 496
2019-06-30 7,663 829 506
2019-03-31 7,634 696 525
2018-12-31 7,712 853 572
2018-09-30 7,723 590 564
2018-06-30 7,505 501 554
2018-03-31 7,375 521 524
2017-12-31 7,155 616 448
2017-09-30 6,710 384 355
2017-06-30 6,643 549 376
2017-03-31 6,479 704 423
2016-12-31 6,320 630 428

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ningbo Peacebird Fashion's earnings are expected to grow by 14.4% yearly, however this is not considered high growth (20% yearly).
  • Ningbo Peacebird Fashion's revenue is expected to grow by 9.4% yearly, however this is not considered high growth (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
XSSC:603877 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Ningbo Peacebird Fashion Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XSSC:603877 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 1.64 1.69 1.58 4.00
2020-12-31 1.46 1.51 1.41 6.00
2019-12-31 1.30 1.34 1.24 6.00
2019-12-06
XSSC:603877 Past Financials Data
Date (Data in CNY Millions) EPS *
2019-09-30 1.06
2019-06-30 1.06
2019-03-31 1.10
2018-12-31 1.20
2018-09-30 1.19
2018-06-30 1.16
2018-03-31 1.11
2017-12-31 0.95
2017-09-30 0.77
2017-06-30 0.86
2017-03-31 0.97
2016-12-31 1.02

*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.
  • Ningbo Peacebird Fashion is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Ningbo Peacebird Fashion'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.
Ningbo Peacebird Fashion has a total score of 1/6, 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 Ningbo Peacebird Fashion 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 Ningbo Peacebird Fashion's growth in the last year to its industry (Luxury).
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.
  • Ningbo Peacebird Fashion's year on year earnings growth rate has been positive over the past 5 years.
  • Ningbo Peacebird Fashion's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Ningbo Peacebird Fashion's 1-year earnings growth is negative, it can't be compared to the CN Luxury industry average.
Earnings and Revenue History
Ningbo Peacebird Fashion'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 Ningbo Peacebird Fashion Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XSSC:603877 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 7,827.14 495.93 3,368.95 82.05
2019-06-30 7,662.97 506.38 3,291.00 86.11
2019-03-31 7,634.42 525.13 3,244.23 80.36
2018-12-31 7,711.88 571.54 3,196.91 84.11
2018-09-30 7,722.74 564.21 3,197.65 71.48
2018-06-30 7,504.96 553.80 3,052.45 112.21
2018-03-31 7,374.87 523.87 3,052.98 81.03
2017-12-31 7,155.12 448.23 2,962.03 61.41
2017-09-30 6,710.26 355.40 2,851.80 60.43
2017-06-30 6,642.59 375.88 2,881.82
2017-03-31 6,478.72 423.46 2,798.19
2016-12-31 6,320.37 427.54 2,723.45
2016-09-30 6,069.11 499.18 2,633.66
2015-12-31 5,903.34 535.90 2,328.76
2014-12-31 4,999.05 436.93 1,862.68
2013-12-31 3,831.17 212.97 1,517.08

*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.
  • Ningbo Peacebird Fashion has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ningbo Peacebird Fashion used its assets more efficiently than the CN Luxury industry average last year based on Return on Assets.
  • Ningbo Peacebird Fashion's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Ningbo Peacebird Fashion'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 Luxury 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.
Ningbo Peacebird Fashion has a total score of 2/6, 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 Ningbo Peacebird Fashion'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 Ningbo Peacebird Fashion's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ningbo Peacebird Fashion is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ningbo Peacebird Fashion's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ningbo Peacebird Fashion'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 covered by short term assets, assets are 10.5x 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 Ningbo Peacebird Fashion Company Filings, last reported 2 months ago.

XSSC:603877 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 3,173.61 418.88 1,161.84
2019-06-30 3,100.64 399.67 1,162.20
2019-03-31 3,527.88 281.67 378.17
2018-12-31 3,527.64 331.67 2,099.86
2018-09-30 3,279.70 420.59 311.48
2018-06-30 3,194.80 371.59 1,256.84
2018-03-31 3,454.47 350.64 974.53
2017-12-31 3,311.34 300.64 1,994.94
2017-09-30 2,998.90 348.88 695.32
2017-06-30 2,921.64 327.96 1,410.71
2017-03-31 3,125.51 342.24 1,860.63
2016-12-31 1,983.20 612.24 1,110.44
2016-09-30 1,796.51 655.00 575.05
2015-12-31 1,771.88 395.00 703.68
2014-12-31 1,417.18 250.00 799.94
2013-12-31 1,028.76 252.00 664.60
  • Ningbo Peacebird Fashion's level of debt (13.2%) 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 (19% vs 13.2% today).
  • Debt is well covered by operating cash flow (228.2%, greater than 20% of total debt).
  • Ningbo Peacebird Fashion earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Ningbo Peacebird Fashion'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. Ningbo Peacebird Fashion 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 Ningbo Peacebird Fashion'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
6.8%
Current annual income from Ningbo Peacebird Fashion dividends. Estimated to be 6.47% next year.
If you bought CN¥2,000 of Ningbo Peacebird Fashion shares you are expected to receive CN¥136 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?
  • Ningbo Peacebird Fashion's pays a higher dividend yield than the bottom 25% of dividend payers in China (0.48%).
  • Ningbo Peacebird Fashion's dividend is above the markets top 25% of dividend payers in China (1.97%).
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:603877 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 5 Analyst Estimates (S&P Global) See Below
China Luxury Industry Average Dividend Yield Market Cap Weighted Average of 70 Stocks 3.2%
China Market Average Dividend Yield Market Cap Weighted Average of 2577 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.

XSSC:603877 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.96 2.00
2020-12-31 1.00 3.00
2019-12-31 0.90 3.00
2019-12-06
XSSC:603877 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-05-23 1.000 6.835
2018-06-25 0.700 3.461
2017-05-17 0.500 1.778

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

  • Whilst dividend payments have been stable, Ningbo Peacebird Fashion has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Ningbo Peacebird Fashion only paid a dividend in the past 3 years.
Current Payout to shareholders
What portion of Ningbo Peacebird Fashion's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1.1x 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 Ningbo Peacebird Fashion'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 Ningbo Peacebird Fashion afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ningbo Peacebird Fashion 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.

Management

 What is the CEO of Ningbo Peacebird Fashion'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
Li Min Ou
AGE 48
CEO Bio

Mr. Li Min Ou serves as General Manager of Ningbo Peacebird Modern Women Fashion Co.,Ltd. Mr. Ou serves as General Manager of PEACEBIRD. he served as the Deputy General Manager of Shanghai Metersbonwe Fashion & Accessories Co., Ltd. He serves as Director of Ningbo Peacebird Modern Women Fashion Co.,Ltd. He serves as Member of the Board at PEACEBIRD. He holds Master degree.

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

Li Min Ou

TITLE
General Manager and Director
AGE
48

Ya Xin Shen

TITLE
Chief Financial Officer
AGE
45

Run Tang Tao

TITLE
Information Director
AGE
41

Yi Qin Rong

TITLE
Director of Administration & HR
AGE
46

Cai Yu

TITLE
Secretary of the Board
AGE
44

Hong Chao Chen

TITLE
General Manager of PEACEBIRD WOMEN and Director
AGE
45

Qian Zou

TITLE
Corporate Image Director of PEACEBIRD and Senior Assistant to Chairman
AGE
38

Pin Ling Qiu

TITLE
Deputy Director In Ops Center of Peacebird Women?S Business Unit & Supervisory Board Member
AGE
41
Board of Directors

Jiang Zhang

TITLE
Chairman
AGE
52

Li Min Ou

TITLE
General Manager and Director
AGE
48

Hong Chao Chen

TITLE
General Manager of PEACEBIRD WOMEN and Director
AGE
45

Pin Ling Qiu

TITLE
Deputy Director In Ops Center of Peacebird Women?S Business Unit & Supervisory Board Member
AGE
41

Dong Peng Wang

TITLE
Chairman of the Supervisory Board
AGE
50

Jiang Po Zhang

TITLE
Director
AGE
51

Jun Liu

TITLE
Director
AGE
56

Zhen Li

TITLE
Director
AGE
41

Dang Qi Li

TITLE
Independent Director
AGE
64

Hui Wang

TITLE
Independent Director
AGE
48
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 Ningbo Peacebird Fashion'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. Ningbo Peacebird Fashion 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

Ningbo Peacebird Fashion Co., Ltd. operates as a retail-oriented multi-brand fashion company in China. It develops and sells fashion products under the PEACEBIRD WOMEN, PEACEBIRD MEN, LEDIN, MATERIAL GIRL, Mini Peace, and PEACEBIRD LIVIN' brands through own stores and franchisees through a network of approximately 4,000 stores across 31 provinces, autonomous regions, and municipalities. The company was founded in 1995 and is headquartered in Ningbo, China.

Details
Name: Ningbo Peacebird Fashion Co., Ltd.
603877
Exchange: XSSC
Founded: 1995
CN¥6,991,635,590
478,879,150
Website: http://www.peacebird.com
Address: Ningbo Peacebird Fashion Co., Ltd.
No. 826, South Section of Huancheng West Road,
Haishu District,
Ningbo,
Zhejiang Province, China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SHSE 603877 Domestic Shares Shanghai Stock Exchange CN CNY 09. Jan 2017
XSSC 603877 Domestic Shares Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect CN CNY 09. Jan 2017
Number of employees
Current staff
Staff numbers
11,434
Ningbo Peacebird Fashion employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/06 15:48
End of day share price update: 2019/12/05 00:00
Last estimates confirmation: 2019/10/31
Last earnings filing: 2019/10/25
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.