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About The Company

CEO

Mr. Ji Lin Ruan

Market Cap

2.91 Billion CNY

Sector

Consumer Cyclical

Website

https://www.baidapm.com

Description

Zhejiang Baida Precision Manufacturing Corp.

Read More

Overview

Value

18

Growth

2

Health

46

Management

30

Analyst Opinion

86

Total

36

All Scores Out Of 100

Best Features

  • Has a low level of debt
  • Liked by analysts
  • Has strong dividend growth

Risk Factors

  • Overvalued on cashflow basis
  • Earnings have declined recently
  • Income is not covering expenditure and investment
  • There is a history of diluting shareholders
  • No margin of safety at their current market price
  • Poor earnings and cashflow growth
  • Price-to-earnings ratio of 31.4 is higher than the market average (19.6x)
  • Accounting anomalies: Growing revenues without a corresponding growth in cash flows.
  • High preportion of income is paid as dividend

Market Peers

603331.SS

Key Figures

PE Ratio (TTM)

31.44

Margin Of Safety (DCF)

-20.13%

Revenue Growth (5 Year Average)

8.22%

Ratings Consensus

Strong Buy

Share Buybacks

-0.12%

Dividend Yeild (TTM)

2.28%

Valuation

Value Score

18

  • Estimated intrinsic-value of 11.51 CNY is lower than current price ( 14.39 CNY)
  • Price-to-earnings ratio of 31.4 is higher than the market average (19.6x)
  • Free-cashflow-yeild of -0.40% is worse than the market average (4.7%)
  • Margin-of-safety of -20.13% is worse than the market average (17.95%)

Desired Margin Of Safety

0%

Tip: Set your desired Margin Of Safety

Free Cash Flow Type

Annual Cashflow Growth

0%

Discount Rate

0%

Buy Target: < 14.1 CNY

Current Price: 14.4 CNY

Negative Cashflows: Cashflow can become negative due to operating losses, investing activities or financing activites. Negative cashflow makes it dificult to use a discounted free cashflow model to assess intrinsic value.

How Does This Work?

Show Advanced Options

This calculator helps investors estimate the Intrinsic Value of a company based on the current value of future cash flows. To use the tool, simply input a desired Margin Of Safety, which is an additional discount applied to the present value of the expected future cash flows. The tool calculates the present value using a discount rate that reflects the risk and time value of money, and provides an estimated target price for the company based on the selected margin of safety. The calculator defaults to using 5 Year Free Cash Flow Growth % and a discount rate based on the US 10-year treasury bond coupon rate. Use our performance analyser to get a feel the impact this has on longterm investment returns and discover a margin of safety you are comfortable with. This can be a useful tool for investors looking to make informed decisions about whether to buy or sell shares of a particular company.

Price/Earnings

31.44x

Free Cashflow Yeild

-0.40%

PE/Earnings Growth

5.33

Price/Book

2.87x

Growth

Growth Score

2

  • Revenue growth has improved this yeara
  • Free Cashflow growth has improved this year
  • 5 Year Average Revenue growth of 8.22% is lower than the market average (10.97%)
  • 5 Year Average Earnings growth of -14.70% is lower than the market average (14.48%)
  • Earnings growth has slowed this year
  • 5 Year Average Free Cashflow growth of -14.48% is lower than the market average (12.35%)

Revenue Growth

8.22%

Earnings Growth

-14.70%

Cashflow Growth

-14.48%

Health

Health Score

46

  • Assets cover liabilities
  • Normal operation does not require debt to be sustainable
  • Cashflow is negative
  • Debt repayments significantly impact cashflow

Altman Z Score

2.81

Piostroski Score

3.00

Debt/Equity

0.79x

Current Assets/Liabilities

1.23x

Free Cashflow/Total Debt

0.11x

Debt/Capital

0.80x

Dividend

Secure Dividend Score

40

  • Dividend yeild of 2.28% is more than the market average (1.85%)
  • At risk of being unsafe
  • Long term dividend payout ratio of 61.13% is considered good
  • Dividends have shown growth over the last 5 years
  • Payout ratio (TTM) of 77.42% is higher than the average (40%)
  • Dividend growth has been slowing recently
  • Spending a higher percentage of their income on dividends than last 5 years

Dividend Yeild

2.28%

Dividend Growth

-24.60%

Payout Ratio (Earnings)

77.42%

Payout Ratio (Cashflow)

-573.13%

Management

Management Score

30

  • Has issued new shares to finance growth when share price is high
  • Return-on-capital-employed of 1.33% is lower than the market average (10%)
  • Has a history of diluting shareholders to finance activity
  • Has returned higher dividends when earnings have fallen
  • Return-on-equity of 2.86% is lower than the market average (15%)

Average Buybacks/Dilution

-0.12%

Recent Buybacks/Dilution

7.85%

5 Year Price Volitility

9.72%

Return On Assets

1.26%

Return On Capital Employed

1.33%

Return On Equity

2.86%

Return On Free Cashflow

-187.42%

Return On Investments

N/A

Analysts

Analyst Opinion

86

  • Ratings consensus is Strong Buy

SEC Filings

Find yearly (10-K), quaterly (10-Q) and disclosure (8-K) report here, on the Securities and Exchange Commission's EDGAR database. If reading through reports isn't your cup of tea, don't worry. We've made it easy for you by summarizing all the important bits.

Other Information

Company Name

Currency

CNY

Beta

Vol Avg

Ceo

Mr. Ji Lin Ruan

Cik

Cusip

Exchange

Shanghai

Full Time Employees

Industry

Auto Parts

Sector

Consumer Cyclical

Ipo Date

Address

No. 28, Lane 908

City

Taizhou

State

Country

Zip

318000

Phone

86 576 8900 7163

All financial data provided by FMP

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