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Sichuan Fulin Transportation Group

SZSE:002357
Snowflake Description

Mediocre balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
002357
SZSE
CN¥2B
Market Cap
  1. Home
  2. CN
  3. Transportation
Company description

Sichuan Fulin Transportation Group Co., Ltd. The last earnings update was 43 days ago. More info.


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002357 Share Price and Events
7 Day Returns
-5.9%
SZSE:002357
2.8%
CN Transportation
4.3%
CN Market
1 Year Returns
-24%
SZSE:002357
-24.5%
CN Transportation
-7%
CN Market
002357 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sichuan Fulin Transportation Group (002357) -5.9% 4.3% -6.8% -24% -54.2% -46.7%
CN Transportation 2.8% -6.5% -15.4% -24.5% -36% -52.1%
CN Market 4.3% -4.8% -5.1% -7% -13.6% -24.6%
1 Year Return vs Industry and Market
  • 002357 matched the Transportation industry (-24.5%) over the past year.
  • 002357 underperformed the Market in China which returned -7% over the past year.
Price Volatility
002357
Industry
5yr Volatility vs Market

002357 Value

 Is Sichuan Fulin Transportation 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 Sichuan Fulin Transportation 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 Sichuan Fulin Transportation Group.

SZSE:002357 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 9.7%
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:002357
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CN Govt Bond Rate 3.2%
Equity Risk Premium S&P Global 6.3%
Transportation Unlevered Beta Simply Wall St/ S&P Global 0.87
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.867 (1 + (1- 25%) (27.25%))
1.029
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.2% + (1.029 * 6.33%)
9.72%

Discounted Cash Flow Calculation for SZSE:002357 using 2 Stage Free Cash Flow to Equity Model

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

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

SZSE:002357 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 9.72%)
2020 144.60 Est @ 3.05% 131.80
2021 149.08 Est @ 3.1% 123.85
2022 153.75 Est @ 3.13% 116.41
2023 158.59 Est @ 3.15% 109.45
2024 163.61 Est @ 3.16% 102.91
2025 168.80 Est @ 3.18% 96.78
2026 174.18 Est @ 3.18% 91.02
2027 179.73 Est @ 3.19% 85.60
2028 185.47 Est @ 3.19% 80.51
2029 191.39 Est @ 3.19% 75.73
Present value of next 10 years cash flows CN¥1,014.00
SZSE:002357 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CN¥191.39 × (1 + 3.2%) ÷ (9.72% – 3.2%)
CN¥3,031.47
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥3,031.47 ÷ (1 + 9.72%)10
CN¥1,199.43
SZSE:002357 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥1,014.00 + CN¥1,199.43
CN¥2,213.43
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥2,213.43 / 313.49
CN¥7.06
SZSE:002357 Discount to Share Price
Calculation Result
Value per share (CNY) From above. CN¥7.06
Current discount Discount to share price of CN¥5.86
= -1 x (CN¥5.86 - CN¥7.06) / CN¥7.06
17%

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

Current Discount
Amount off the current price Sichuan Fulin Transportation Group is available for.
Intrinsic value
17%
Share price is CN¥5.86 vs Future cash flow value of CN¥7.06
Current Discount Checks
For Sichuan Fulin Transportation Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Sichuan Fulin Transportation Group's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Sichuan Fulin Transportation Group'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 Fulin Transportation Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sichuan Fulin Transportation Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SZSE:002357 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥0.26
SZSE:002357 Share Price ** SZSE (2020-04-09) in CNY CN¥5.86
China Transportation Industry PE Ratio Median Figure of 19 Publicly-Listed Transportation Companies 22.6x
China Market PE Ratio Median Figure of 3,204 Publicly-Listed Companies 33.67x

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

** Primary Listing of Sichuan Fulin Transportation Group.

SZSE:002357 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SZSE:002357 Share Price ÷ EPS (both in CNY)

= 5.86 ÷ 0.26

22.2x

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

  • Sichuan Fulin Transportation Group is good value based on earnings compared to the CN Transportation industry average.
  • Sichuan Fulin Transportation Group is good value based on earnings compared to the China market.
Price based on expected Growth
Does Sichuan Fulin Transportation Group's expected growth come at a high price?
Raw Data
SZSE:002357 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 22.2x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Transportation Industry PEG Ratio Median Figure of 46 Publicly-Listed Transportation Companies 2x
China Market PEG Ratio Median Figure of 1,266 Publicly-Listed Companies 1.32x

*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 Fulin Transportation Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sichuan Fulin Transportation Group's assets?
Raw Data
SZSE:002357 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥3.75
SZSE:002357 Share Price * SZSE (2020-04-09) in CNY CN¥5.86
China Transportation Industry PB Ratio Median Figure of 19 Publicly-Listed Transportation Companies 1.22x
China Market PB Ratio Median Figure of 3,693 Publicly-Listed Companies 2.35x
SZSE:002357 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SZSE:002357 Share Price ÷ Book Value per Share (both in CNY)

= 5.86 ÷ 3.75

1.56x

* Primary Listing of Sichuan Fulin Transportation Group.

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

  • Sichuan Fulin Transportation Group is overvalued based on assets compared to the CN Transportation industry average.
X
Value checks
We assess Sichuan Fulin Transportation 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 Transportation 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 Transportation industry average (and greater than 0)? (1 check)
  5. Sichuan Fulin Transportation Group 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.

002357 Future Performance

 How is Sichuan Fulin Transportation Group 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 Fulin Transportation Group 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
4.6%
Expected Transportation industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sichuan Fulin Transportation Group expected to grow at an attractive rate?
  • Unable to compare Sichuan Fulin Transportation Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Sichuan Fulin Transportation Group's earnings growth to the China market average as no estimate data is available.
  • Unable to compare Sichuan Fulin Transportation Group's revenue growth to the China market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SZSE:002357 Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Transportation Industry Earnings Growth Rate Market Cap Weighted Average 4.6%
Asia Transportation Industry Revenue Growth Rate Market Cap Weighted Average 3%
China Market Earnings Growth Rate Market Cap Weighted Average 20.7%
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:002357 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.
SZSE:002357 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 886 83
2019-09-30 919 250 92
2019-06-30 936 282 68
2019-03-31 946 266 47
2018-12-31 960 172 38
2018-09-30 961 175 36
2018-06-30 990 166 82
2018-03-31 1,032 194 92
2017-12-31 1,075 210 103
2017-09-30 1,122 214 99
2017-06-30 1,151 224 96
2017-03-31 1,165 236 109

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Sichuan Fulin Transportation Group is high growth as no earnings estimate data is available.
  • Unable to determine if Sichuan Fulin Transportation Group 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
SZSE:002357 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 Fulin Transportation Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SZSE:002357 Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 0.26
2019-09-30 0.29
2019-06-30 0.22
2019-03-31 0.15
2018-12-31 0.12
2018-09-30 0.12
2018-06-30 0.26
2018-03-31 0.29
2017-12-31 0.33
2017-09-30 0.32
2017-06-30 0.31
2017-03-31 0.35

*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 Fulin Transportation Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Sichuan Fulin Transportation Group'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 Transportation companies here
  2. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Sichuan Fulin Transportation 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 Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia 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 Fulin Transportation Group 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.

002357 Past Performance

  How has Sichuan Fulin Transportation 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 Sichuan Fulin Transportation Group's growth in the last year to its industry (Transportation).
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 Fulin Transportation Group's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Sichuan Fulin Transportation Group's 1-year earnings growth exceeds its 5-year average (120.1% vs -27.4%)
  • Sichuan Fulin Transportation Group's earnings growth has exceeded the CN Transportation industry average in the past year (120.1% vs -2%).
Earnings and Revenue History
Sichuan Fulin Transportation 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 Sichuan Fulin Transportation Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SZSE:002357 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 885.61 82.76
2019-09-30 919.04 91.95 196.98 1.19
2019-06-30 936.43 68.43 193.35 1.33
2019-03-31 945.55 46.92 193.55 1.57
2018-12-31 960.00 37.61 179.76 1.35
2018-09-30 960.60 36.37 174.20 5.10
2018-06-30 990.44 82.11 166.68 5.32
2018-03-31 1,031.90 92.45 173.48 4.55
2017-12-31 1,075.16 103.19 177.09 4.29
2017-09-30 1,121.59 99.21 179.73 1.04
2017-06-30 1,151.36 96.22 200.83
2017-03-31 1,164.99 108.99 197.14
2016-12-31 1,190.37 94.86 208.76
2016-09-30 1,223.22 131.76 215.77
2016-06-30 1,248.60 140.27 221.68
2016-03-31 1,297.15 160.00 214.64
2015-12-31 1,291.43 179.69 212.41
2015-09-30 1,761.45 242.74 315.05
2015-06-30 1,535.43 215.59 278.26
2015-03-31 1,299.12 192.87 254.97
2014-12-31 1,085.25 179.24 219.91
2014-09-30 384.62 105.24 82.52
2014-06-30 374.92 83.45 80.72
2014-03-31 374.08 75.18 81.83
2013-12-31 372.24 68.31 86.35
2013-09-30 367.92 59.89 81.06
2013-06-30 355.64 71.77 81.57

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

002357 Health

 How is Sichuan Fulin Transportation 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 Sichuan Fulin Transportation Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sichuan Fulin Transportation Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Sichuan Fulin Transportation Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Sichuan Fulin Transportation 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 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

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

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

All data from Sichuan Fulin Transportation Group Company Filings, last reported 3 months ago.

SZSE:002357 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,283.17 500.51 112.45
2019-09-30 1,283.17 500.51 112.45
2019-06-30 1,251.69 521.89 128.80
2019-03-31 1,255.96 564.01 206.96
2018-12-31 1,214.50 609.39 123.57
2018-09-30 1,218.99 632.51 137.51
2018-06-30 1,215.65 653.89 88.08
2018-03-31 1,237.50 661.01 140.55
2017-12-31 1,203.70 682.39 109.15
2017-09-30 1,201.81 685.51 105.78
2017-06-30 1,147.92 810.89 143.51
2017-03-31 1,185.42 791.21 171.62
2016-12-31 1,140.49 829.50 138.22
2016-09-30 1,156.86 819.71 171.12
2016-06-30 1,105.77 856.35 105.43
2016-03-31 1,134.82 699.51 116.12
2015-12-31 1,089.14 659.35 187.28
2015-09-30 892.45 68.00 554.79
2015-06-30 826.11 16.29 507.18
2015-03-31 795.26 0.00 440.30
2014-12-31 1,935.59 362.87 618.61
2014-09-30 767.59 0.00 529.19
2014-06-30 736.38 0.00 467.80
2014-03-31 708.23 0.25 446.15
2013-12-31 691.02 0.00 413.93
2013-09-30 681.44 0.00 386.00
2013-06-30 672.49 0.00 349.48
  • Sichuan Fulin Transportation Group's level of debt (39%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (18.7% vs 39% today).
  • Debt is well covered by operating cash flow (50%, greater than 20% of total debt).
  • Sichuan Fulin Transportation Group earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Sichuan Fulin Transportation 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. Sichuan Fulin Transportation Group has a total score of 3/6, 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.

002357 Dividends

 What is Sichuan Fulin Transportation 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
1.71%
Current annual income from Sichuan Fulin Transportation Group dividends.
If you bought CN¥2,000 of Sichuan Fulin Transportation Group shares you are expected to receive CN¥34 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 Fulin Transportation Group's pays a higher dividend yield than the bottom 25% of dividend payers in China (0.44%).
  • Sichuan Fulin Transportation Group's dividend is below the markets top 25% of dividend payers in China (1.96%).
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:002357 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 Transportation Industry Average Dividend Yield Market Cap Weighted Average of 17 Stocks 5.1%
China Market Average Dividend Yield Market Cap Weighted Average of 2584 Stocks 1.9%
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 2%

Industry and Market average data is calculated daily.

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

SZSE:002357 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-04-26 0.100 1.627
2018-05-11 0.100 1.552
2017-04-21 0.150 1.436
2016-05-09 0.190 1.321
2015-05-12 0.075 0.537
2014-02-27 0.063 0.732
2013-03-11 0.125 2.422
2012-05-16 0.094 1.811
2011-05-12 0.031 0.516
2010-04-06 0.026 0.392

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 Sichuan Fulin Transportation Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.6x 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 Fulin Transportation 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 Sichuan Fulin Transportation Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sichuan Fulin Transportation Group 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.

002357 Management

 What is the CEO of Sichuan Fulin Transportation 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
Liang Fa Cai
COMPENSATION CN¥0
AGE 48
CEO Bio

Mr. Liang Fa Cai serves as Vice Chairman and General Manager at Sichuan Fulin Transportation Group Co., Ltd. Mr. Cai is Assistant Engineer. He holds Bachelor’s Degree in Automotive Applications from Chongqing Jiaotong University.

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

Liang Fa Cai

TITLE
Vice Chairman and General Manager
AGE
48

Xiao Chun Yang

TITLE
Chief Accountant and Director
COMPENSATION
CN¥361K
AGE
43

Ying Sheng Zhang

TITLE
Deputy General Manager and Executive Vice President
COMPENSATION
CN¥359K
AGE
52

Hong Cao

TITLE
Secretary
AGE
37
Board of Directors

Yi Zhong Li

TITLE
Chairman
AGE
49

Liang Fa Cai

TITLE
Vice Chairman and General Manager
AGE
48

Peng Lin

TITLE
Vice Chairman
AGE
46

Xiao Chun Yang

TITLE
Chief Accountant and Director
COMPENSATION
CN¥361K
AGE
43

Da Ping Wang

TITLE
Chairman of the Supervisory Board
AGE
55

Qi Yong Lu

TITLE
Director
AGE
46

Ling Qiu Ceng

TITLE
Independent Director
COMPENSATION
CN¥72K
AGE
59

Hong Gong Zhao

TITLE
Independent Director
COMPENSATION
CN¥72K
AGE
50

Zheng Guo Li

TITLE
Independent Director
COMPENSATION
CN¥72K
AGE
46

Jun Zhou

TITLE
Member of the Supervisory Board
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 Sichuan Fulin Transportation 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. Sichuan Fulin Transportation 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.

002357 News

Simply Wall St News

002357 Company Info

Description

Sichuan Fulin Transportation Group Co., Ltd. engages in the road transportation business in China. The company provides passenger, travel, charter, car rental, maintenance, and ticket inquiry, as well as advertising services. It also offers station, taxi and urban bus operations, vehicle maintenance and inspection, driver training, insurance concurrent agency, and cross-border investment services. The company was founded in 2001 and is based in Chengdu, China.

Details
Name: Sichuan Fulin Transportation Group Co., Ltd.
002357
Exchange: SZSE
Founded: 2001
CN¥1,837,045,750
313,489,036
Website: http://www.scflyy.cn
Address: Sichuan Fulin Transportation Group Co., Ltd.
Building 29,
N District,
Chengdu,
Sichuan Province, 610091,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SZSE 002357 Domestic Shares Shenzhen Stock Exchange CN CNY 10. Feb 2010
Number of employees
Current staff
Staff numbers
2,874
Sichuan Fulin Transportation Group employees.
Industry
Trucking
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 15:15
End of day share price update: 2020/04/09 00:00
Last earnings filing: 2020/02/26
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.