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Pingtan Marine Enterprise

Nasdaq:PME
Snowflake Description

Reasonable growth potential and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PME
Nasdaq
$136M
Market Cap
  1. Home
  2. US
  3. Food, Beverage & Tobacco
Company description

Pingtan Marine Enterprise Ltd., through its subsidiary, Fujian Provincial Pingtan County Ocean Fishing Group Co., Ltd., engages in the ocean fishing business. The last earnings update was 5 days ago. More info.


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  • Pingtan Marine Enterprise has significant price volatility in the past 3 months.
PME Share Price and Events
7 Day Returns
-15.7%
NasdaqCM:PME
0.4%
US Food
0.3%
US Market
1 Year Returns
-30.9%
NasdaqCM:PME
0.6%
US Food
12.5%
US Market
PME Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Pingtan Marine Enterprise (PME) -15.7% -18.1% -25.2% -30.9% 29% 32.5%
US Food 0.4% -0.6% -0.2% 0.6% -6.3% 18%
US Market 0.3% 4.1% 5.6% 12.5% 39.4% 44.7%
1 Year Return vs Industry and Market
  • PME underperformed the Food industry which returned 0.6% over the past year.
  • PME underperformed the Market in United States of America which returned 12.5% over the past year.
Price Volatility
PME
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Pingtan Marine Enterprise's competitors could be found in our database.

Value

 Is Pingtan Marine Enterprise 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
  • It is not possible to calculate the future cash flow value for Pingtan Marine Enterprise. This is due to cash flow or dividend data being unavailable. The share price is $1.72.
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 Pingtan Marine Enterprise's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Pingtan Marine Enterprise's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:PME PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $0.05
NasdaqCM:PME Share Price ** NasdaqCM (2019-11-12) in USD $1.72
United States of America Food Industry PE Ratio Median Figure of 41 Publicly-Listed Food Companies 24.94x
United States of America Market PE Ratio Median Figure of 2,922 Publicly-Listed Companies 18.25x

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

** Primary Listing of Pingtan Marine Enterprise.

NasdaqCM:PME PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:PME Share Price ÷ EPS (both in USD)

= 1.72 ÷ 0.05

36.74x

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

  • Pingtan Marine Enterprise is overvalued based on earnings compared to the US Food industry average.
  • Pingtan Marine Enterprise is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Pingtan Marine Enterprise's expected growth come at a high price?
Raw Data
NasdaqCM:PME PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 36.74x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
18%per year
United States of America Food Industry PEG Ratio Median Figure of 28 Publicly-Listed Food Companies 1.24x
United States of America Market PEG Ratio Median Figure of 2,023 Publicly-Listed Companies 1.46x

*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 Pingtan Marine Enterprise, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Pingtan Marine Enterprise's assets?
Raw Data
NasdaqCM:PME PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $1.71
NasdaqCM:PME Share Price * NasdaqCM (2019-11-12) in USD $1.72
United States of America Food Industry PB Ratio Median Figure of 69 Publicly-Listed Food Companies 2.17x
United States of America Market PB Ratio Median Figure of 5,066 Publicly-Listed Companies 1.74x
NasdaqCM:PME PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:PME Share Price ÷ Book Value per Share (both in USD)

= 1.72 ÷ 1.71

1.01x

* Primary Listing of Pingtan Marine Enterprise.

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

  • Pingtan Marine Enterprise is good value based on assets compared to the US Food industry average.
X
Value checks
We assess Pingtan Marine Enterprise'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 Food 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 Food industry average (and greater than 0)? (1 check)
  5. Pingtan Marine Enterprise has a total score of 1/6, 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 Pingtan Marine Enterprise expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

  • No analysts cover Pingtan Marine Enterprise, future earnings growth has been estimated based on fundamentals.
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
18%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Pingtan Marine Enterprise expected to grow at an attractive rate?
  • Pingtan Marine Enterprise's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Pingtan Marine Enterprise's earnings growth is expected to exceed the United States of America market average.
  • Pingtan Marine Enterprise's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:PME Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:PME Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 18%
NasdaqCM:PME Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 78.6%
United States of America Food Industry Earnings Growth Rate Market Cap Weighted Average 21.3%
United States of America Food Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*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
NasdaqCM:PME Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:PME Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 262 1
2019-12-31 162 1
NasdaqCM:PME Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 80 21 4
2019-06-30 84 50 12
2019-03-31 72 59 11
2018-12-31 64 53 13
2018-09-30 56 16 21
2018-06-30 46 26 15
2018-03-31 68 53 21
2017-12-31 63 68 30
2017-09-30 60 68 33
2017-06-30 56 48 14
2017-03-31 22 15 1
2016-12-31 21 -5 -14

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Pingtan Marine Enterprise's earnings are expected to grow by 18% yearly, however this is not considered high growth (20% yearly).
  • Pingtan Marine Enterprise'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
NasdaqCM:PME Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Pingtan Marine Enterprise Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:PME Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2019-12-31
NasdaqCM:PME Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 0.05
2019-06-30 0.16
2019-03-31 0.13
2018-12-31 0.17
2018-09-30 0.27
2018-06-30 0.18
2018-03-31 0.26
2017-12-31 0.38
2017-09-30 0.42
2017-06-30 0.18
2017-03-31 0.02
2016-12-31 -0.17

*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 Pingtan Marine Enterprise will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Pingtan Marine Enterprise'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Pingtan Marine Enterprise has a total score of 4/6, 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 Pingtan Marine Enterprise 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 Pingtan Marine Enterprise's growth in the last year to its industry (Food).
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.
  • Pingtan Marine Enterprise's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Pingtan Marine Enterprise's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Pingtan Marine Enterprise's 1-year earnings growth is negative, it can't be compared to the US Food industry average.
Earnings and Revenue History
Pingtan Marine Enterprise'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 Pingtan Marine Enterprise Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:PME Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 80.15 3.70 4.57
2019-06-30 83.65 12.27 5.92
2019-03-31 71.80 10.64 6.17
2018-12-31 64.26 13.40 6.14
2018-09-30 55.57 21.25 11.76
2018-06-30 46.34 14.60 6.76
2018-03-31 68.43 20.61 6.30
2017-12-31 63.21 29.66 5.73
2017-09-30 59.97 33.27 5.74
2017-06-30 55.68 14.49 5.33
2017-03-31 22.09 1.30 4.87
2016-12-31 20.54 -13.72 2.16
2016-09-30 21.36 -31.24 4.48
2016-06-30 22.93 2.29 4.77
2016-03-31 36.08 5.03 4.45
2015-12-31 60.70 18.35 4.79
2015-09-30 103.25 60.77 6.75
2015-06-30 154.92 54.27 7.20
2015-03-31 196.58 70.60 7.91
2014-12-31 233.43 85.76 7.21
2014-09-30 237.94 82.25 6.06
2014-06-30 204.13 73.09 6.09
2014-03-31 168.58 66.19 5.77
2013-12-31 122.67 47.14 4.81
2013-09-30 90.06 31.01 3.00
2013-06-30 82.61 31.75 1.82
2013-03-31 12.08 1.76 1.13
2012-12-31 67.46 24.28 1.11

*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.
  • Pingtan Marine Enterprise has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Pingtan Marine Enterprise used its assets less efficiently than the US Food industry average last year based on Return on Assets.
  • Pingtan Marine Enterprise has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Pingtan Marine Enterprise'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 Food 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.
Pingtan Marine Enterprise has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

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

Health

 How is Pingtan Marine Enterprise'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 Pingtan Marine Enterprise's finances.

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

NasdaqCM:PME Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 154.19 181.76 20.42
2019-06-30 154.46 130.10 3.17
2019-03-31 152.49 118.82 76.89
2018-12-31 151.56 35.90 1.97
2018-09-30 154.84 33.58 9.52
2018-06-30 148.19 25.99 1.47
2018-03-31 153.30 33.87 3.82
2017-12-31 147.51 37.79 2.01
2017-09-30 140.24 48.57 22.25
2017-06-30 132.37 56.02 11.42
2017-03-31 121.30 64.11 0.57
2016-12-31 139.71 78.84 0.82
2016-09-30 136.73 73.06 0.57
2016-06-30 151.88 69.46 2.60
2016-03-31 161.45 53.49 2.58
2015-12-31 166.84 57.22 11.45
2015-09-30 180.21 70.29 21.09
2015-06-30 164.64 81.03 26.21
2015-03-31 222.76 86.19 67.38
2014-12-31 149.26 87.85 12.75
2014-09-30 115.79 108.32 11.80
2014-06-30 102.08 92.63 13.63
2014-03-31 86.93 87.88 26.04
2013-12-31 64.84 83.84 8.16
2013-09-30 75.38 92.21 10.83
2013-06-30 444.61 199.37 20.81
2013-03-31 415.63 37.19 207.38
2012-12-31 397.32 49.95 6.86
  • Pingtan Marine Enterprise's level of debt (117.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (93.1% vs 117.9% today).
  • Debt is not well covered by operating cash flow (11.7%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.5x coverage).
X
Financial health checks
We assess Pingtan Marine Enterprise'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. Pingtan Marine Enterprise 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.

Dividends

 What is Pingtan Marine Enterprise'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
0%
Current annual income from Pingtan Marine Enterprise dividends.
If you bought $2,000 of Pingtan Marine Enterprise shares you are expected to receive $0 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?
  • Unable to evaluate Pingtan Marine Enterprise's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Pingtan Marine Enterprise's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
NasdaqCM:PME 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 1 Analyst Estimates (S&P Global) See Below
United States of America Food Industry Average Dividend Yield Market Cap Weighted Average of 29 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1948 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

NasdaqCM:PME Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
NasdaqCM:PME Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-08-09 0.000 0.000
2019-05-09 0.000 0.000
2019-03-15 0.000 0.000
2018-07-17 0.040 1.715
2018-04-16 0.040 1.253
2018-01-24 0.040 1.264
2017-11-15 0.040 1.270
2017-07-14 0.040 1.204
2017-04-13 0.040 1.067
2017-01-17 0.040 1.068
2016-10-20 0.040 3.162
2016-07-20 0.040 3.641
2016-05-16 0.040 3.336
2015-10-09 0.040 2.908
2015-06-04 0.040 2.649
2015-01-13 0.040 1.823
2014-09-24 0.040 2.456

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

  • Unable to perform a dividend volatility check as Pingtan Marine Enterprise has not reported any payouts.
  • Unable to verify if Pingtan Marine Enterprise's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Pingtan Marine Enterprise's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Pingtan Marine Enterprise 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 Pingtan Marine Enterprise's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Pingtan Marine Enterprise afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Pingtan Marine Enterprise has a total score of 0/6, 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 Pingtan Marine Enterprise'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
Xinrong Zhuo
COMPENSATION $39,791
AGE 55
TENURE AS CEO 9.3 years
CEO Bio

Mr. Xinrong Zhuo has been the Chairman of the Board and Chief Executive Officer of Pingtan Marine Enterprise Ltd. since February 2013. Mr. Zhuo has been the Chief Executive Officer of China Dredging Group Company Ltd. since August 2010. Mr. Zhuo has been Vice General Manager of Fujian Huashang Real Estate Development Co., Ltd. since December 2006 and has been Supervisor of Fuzhou Haiyiyongyu Import & Export Co., Ltd. since June 1995. He served as Vice General Manager of Tian Yuan Co. Ltd. from June 2005 to September 2007. From June 1995 to September 2006, he served as the Supervisor at Fuzhou Hong Long Ocean Fishery Co., Ltd. Mr. Zhuo has been Chairman of China Dredging Group Company Ltd. since August 2010 and also serves as its Director. He has been Chairman and legal representative of Fuzhou Dongxing Longju Real Estate Development Co., Ltd., since March 2007. He serves as a Director of Pingtan Marine Enterprise Ltd. He has been a Director of Fujian Road & Bridge Construction Co., Ltd. since December 2008 and Sole Director of Tian Yuan Co., Ltd., since September 2007. From November 2005 to December 2008, Mr. Zhuo served as the legal representative and the Chairman of Fujian Road & Bridge Construction Co., Ltd. From February 2002 to September 2009, Mr. Zhuo served as the Legal Representative and Executive Director of Fuzhou Baojie Haiyi Ocean Fishing Co., Ltd.

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

Xinrong Zhuo

TITLE
Chairman & CEO
COMPENSATION
$40K
AGE
55
TENURE
9.3 yrs

Roy Yu

TITLE
CFO & Secretary
COMPENSATION
$260K
AGE
37
TENURE
6.6 yrs
Board of Directors Tenure

Average tenure and age of the Pingtan Marine Enterprise board of directors in years:

6.8
Average Tenure
56
Average Age
  • The tenure for the Pingtan Marine Enterprise board of directors is about average.
Board of Directors

Xinrong Zhuo

TITLE
Chairman & CEO
COMPENSATION
$40K
AGE
55
TENURE
9.3 yrs

Zengbiao Zhu

TITLE
Independent Director
AGE
70
TENURE
6.8 yrs

Xing Lin

TITLE
Independent Director
AGE
56
TENURE
4.8 yrs

Lin Lin

TITLE
Independent Director
AGE
45
TENURE
4.8 yrs

Lin Bao

TITLE
Director
AGE
59
TENURE
6.8 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 ($) Value ($)
X
Management checks
We assess Pingtan Marine Enterprise'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. Pingtan Marine Enterprise 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

Do You Like Pingtan Marine Enterprise Ltd. (NASDAQ:PME) At This P/E Ratio?

We'll apply a basic P/E ratio analysis to Pingtan Marine Enterprise Ltd.'s (NASDAQ:PME), to help you decide if the stock is worth further research. … See our latest analysis for Pingtan Marine Enterprise How Do You Calculate A P/E Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Pingtan Marine Enterprise: P/E of 14.69 = $2.28 ÷ $0.16 (Based on the trailing twelve months to June 2019.) Is A High Price-to-Earnings Ratio Good?

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Does Pingtan Marine Enterprise Ltd.’s (NASDAQ:PME) ROCE Reflect Well On The Business?

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Pingtan Marine Enterprise: 0.073 = US$18m ÷ (US$333m - US$88m) (Based on the trailing twelve months to March 2019.) So, Pingtan Marine Enterprise has an ROCE of 7.3%. … What Are Current Liabilities, And How Do They Affect Pingtan Marine Enterprise's ROCE? … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

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Are Insiders Buying Pingtan Marine Enterprise Ltd. (NASDAQ:PME) Stock?

So we'll take a look at whether insiders have been buying or selling shares in Pingtan Marine Enterprise Ltd. … NasdaqCM:PME Recent Insider Trading, May 17th 2019 Pingtan Marine Enterprise is not the only stock insiders are buying. … With high insider ownership and encouraging transactions, it seems like Pingtan Marine Enterprise insiders think the business has merit.

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Do Directors Own Pingtan Marine Enterprise Ltd. (NASDAQ:PME) Shares?

The big shareholder groups in Pingtan Marine Enterprise Ltd. … Pingtan Marine Enterprise is a smaller company with a market capitalization of US$179m, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for Pingtan Marine Enterprise

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Is Pingtan Marine Enterprise Ltd.'s (NASDAQ:PME) Balance Sheet A Threat To Its Future?

(NASDAQ:PME) with its market cap of US$168m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Understanding the company's financial health becomes. … The following basic checks can help you get a picture of the company's balance sheet strength.

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Should You Like Pingtan Marine Enterprise Ltd.’s (NASDAQ:PME) High Return On Capital Employed?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

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Does Pingtan Marine Enterprise's Share Price Gain of 73% Match Its Business Performance?

(NASDAQ:PME) shareholders have seen the share price rise 73% over three years, well in excess of the market return (41%, not including dividends). … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During the three years of share price growth, Pingtan Marine Enterprise actually saw its earnings per share (EPS) drop 30% per year.

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Is Pingtan Marine Enterprise Ltd. (NASDAQ:PME) A Top Dividend Stock?

A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. … Let's take a look at Pingtan Marine Enterprise in more detail. … View our latest analysis for Pingtan Marine Enterprise

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Here's What Pingtan Marine Enterprise Ltd.'s (NASDAQ:PME) P/E Ratio Is Telling Us

To keep it practical, we'll show how Pingtan Marine Enterprise Ltd.'s (NASDAQ:PME) P/E ratio could help you assess the value on offer. … Based on the last twelve months, Pingtan Marine Enterprise's P/E ratio is 8.43. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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Is Pingtan Marine Enterprise Ltd.'s (NASDAQ:PME) 15% Better Than Average?

Our data shows Pingtan Marine Enterprise has a return on equity of 15% for the last year. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.15 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Company Info

Description

Pingtan Marine Enterprise Ltd., through its subsidiary, Fujian Provincial Pingtan County Ocean Fishing Group Co., Ltd., engages in the ocean fishing business. The company harvests a range of fish species, such as ribbon and croaker fish, Peru squid, Argentina squid, sailfish, chub mackerel, cuttlefish, and pomfret with its owned and licensed vessels operating within the Indian Exclusive Economic Zone, the Arafura Sea of Indonesia, the international waters of Atlantic and Pacific Oceans, and the international waters of Indian Ocean. As of December 31, 2018, it owned 66 trawlers, 13 drifters, 18 squid jigging vessels, 4 longline fishing vessels, and 10 light luring seine vessels, as well as had operating license rights to 20 drifters. The company serves various customers, including distributors, restaurant owners, and exporters in the People’s Republic of China. Pingtan Marine Enterprise Ltd. is based in Fuzhou, the People’s Republic of China.

Details
Name: Pingtan Marine Enterprise Ltd.
PME
Exchange: NasdaqCM
Founded:
$135,974,691
79,055,053
Website: http://www.ptmarine.com
Address: Pingtan Marine Enterprise Ltd.
Zhongshan Building A,
18th-19th Floors,
Fuzhou,
Fujian Province, 350001,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM PME Ordinary Shares Nasdaq Capital Market US USD 26. Feb 2013
DB 2P5 Ordinary Shares Deutsche Boerse AG DE EUR 26. Feb 2013
Number of employees
Current staff
Staff numbers
876
Pingtan Marine Enterprise employees.
Industry
Packaged Foods and Meats
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/13 00:22
End of day share price update: 2019/11/12 00:00
Last estimates confirmation: 2019/08/14
Last earnings filing: 2019/11/08
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.