Zhejiang Changsheng Sliding Bearings Co Ltd
SZSE:300718
Intrinsic Value
Zhejiang Changsheng Sliding Bearings Co., Ltd. engages in the manufacture and sale of bearings, general cargo transport, and real estate business. [ Read More ]
The intrinsic value of one
Zhejiang Changsheng Sliding Bearings Co Ltd
stock under the Base Case scenario is
24.39
CNY.
Compared to the current market price of 15.09 CNY,
Zhejiang Changsheng Sliding Bearings Co Ltd
is
Undervalued by 38%.
Zhejiang Changsheng Sliding Bearings Co Ltd's market capitalization is 4.5B CNY.
Zhejiang Changsheng Sliding Bearings Co Ltd stock price is 15.09 CNY.
Zhejiang Changsheng Sliding Bearings Co Ltd stock price (15.09 CNY) is 38% less than its Intrinsic Value (24.39 CNY).
Zhejiang Changsheng Sliding Bearings Co Ltd stock price (15.09 CNY) is 39% less than its DCF Value (24.85 CNY). Open DCF Valuation
Zhejiang Changsheng Sliding Bearings Co Ltd stock price (15.09 CNY) is 37% less than its Relative Value (23.94 CNY). Open Relative Valuation
Zhejiang Changsheng Sliding Bearings Co Ltd has upside potential of 42% compared to the average analyst price target.
Open Wall St Estimates
Zhejiang Changsheng Sliding Bearings Co Ltd's ROE (Return on Equity) for the past 12 months is positive and is equal to 10%.
Zhejiang Changsheng Sliding Bearings Co Ltd's Revenue has grown by 3% over the past 12 months.
Zhejiang Changsheng Sliding Bearings Co Ltd has positive three-year average ROE (Return on Equity): 11%. The company is efficient at transforming stockholders' equity into net income.
Zhejiang Changsheng Sliding Bearings Co Ltd's ROE (Return on Equity) has decreased in the last 3 years from 13% to 10%.
Zhejiang Changsheng Sliding Bearings Co Ltd's ROIC (Return on Invested Capital) has increased in the last 3 years from 18% to 21%.
Zhejiang Changsheng Sliding Bearings Co Ltd has positive Net Income for the last twelve months.
Zhejiang Changsheng Sliding Bearings Co Ltd has positive Free Cash Flow for the last twelve months.
Zhejiang Changsheng Sliding Bearings Co Ltd's ROIC (Return on Invested Capital) for the past 12 months is positive and is equal to 21%.
Zhejiang Changsheng Sliding Bearings Co Ltd has positive Operating Income for the last twelve months.
Zhejiang Changsheng Sliding Bearings Co Ltd has positive three-year average ROIC (Return on Invested Capital): 16%. The company is efficient at using invested capital to generate operating income.
Zhejiang Changsheng Sliding Bearings Co Ltd's Revenue is forecast to grow at a rate of 22% per year over the next 3 years.
Zhejiang Changsheng Sliding Bearings Co Ltd has positive Gross Profit for the last twelve months.
Zhejiang Changsheng Sliding Bearings Co Ltd's Revenue has been growing by an exceptional 22% per year for the last 3 years.
Zhejiang Changsheng Sliding Bearings Co Ltd's D/E (Debt to Equity) is very low and is equal to 0.05.
Zhejiang Changsheng Sliding Bearings Co Ltd's short-term assets (1B CNY) exceed its short-term liabilties (193m CNY).
Zhejiang Changsheng Sliding Bearings Co Ltd's long-term assets (2B CNY) exceed its long-term liabilties (331m CNY).
Zhejiang Changsheng Sliding Bearings Co Ltd has negative Net Debt. This means that the company has more cash and short-term investments (639m CNY) than debt (73m CNY).
Zhejiang Changsheng Sliding Bearings Co Ltd's Altman Z-Score is very high and is equal to 11.79.
Valuation Backtest
Zhejiang Changsheng Sliding Bearings Co Ltd
Run backtest to discover the historical profit from buying and selling
Zhejiang Changsheng Sliding Bearings Co Ltd
stocks based on their intrinsic value.
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Fundamental Analysis
Zhejiang Changsheng Sliding Bearings Co Ltd
Balance Sheet Decomposition
Zhejiang Changsheng Sliding Bearings Co Ltd
| Current Assets | 1.2B |
| Cash & Short-Term Investments | 638.9m |
| Receivables | 333.6m |
| Other Current Assets | 196.3m |
| Non-Current Assets | 641.8m |
| Long-Term Investments | 54.9m |
| PP&E | 514.3m |
| Intangibles | 54.1m |
| Other Non-Current Assets | 18.5m |
| Current Liabilities | 193.3m |
| Accounts Payable | 70.1m |
| Accrued Liabilities | 40.5m |
| Short-Term Debt | 46.4m |
| Other Current Liabilities | 36.3m |
| Non-Current Liabilities | 137.5m |
| Long-Term Debt | 26.9m |
| Other Non-Current Liabilities | 110.6m |
Earnings Waterfall
Zhejiang Changsheng Sliding Bearings Co Ltd
|
Revenue
|
1.1B
CNY
|
|
Cost of Revenue
|
-717.4m
CNY
|
|
Gross Profit
|
371.9m
CNY
|
|
Operating Expenses
|
-120.8m
CNY
|
|
Operating Income
|
251m
CNY
|
|
Other Expenses
|
-100.9m
CNY
|
|
Net Income
|
150.1m
CNY
|
Free Cash Flow Analysis
Zhejiang Changsheng Sliding Bearings Co Ltd
Profitability Score
Profitability Due Diligence
Zhejiang Changsheng Sliding Bearings Co Ltd's profitability score is 59/100. The higher the profitability score, the more profitable the company is.
Score
Zhejiang Changsheng Sliding Bearings Co Ltd's profitability score is 59/100. The higher the profitability score, the more profitable the company is.
Solvency Score
Solvency Due Diligence
Zhejiang Changsheng Sliding Bearings Co Ltd's solvency score is 87/100. The higher the solvency score, the more solvent the company is.
Score
Zhejiang Changsheng Sliding Bearings Co Ltd's solvency score is 87/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
Price Targets Summary
Zhejiang Changsheng Sliding Bearings Co Ltd
According to Wall Street analysts, the average 1-year price target for
Zhejiang Changsheng Sliding Bearings Co Ltd
is 21.47 CNY
with a low forecast of 21.26 CNY and a high forecast of 22.1 CNY.
Shareholder Return
Price
Zhejiang Changsheng Sliding Bearings Co Ltd
| Average Annual Return | 21.77% |
| Standard Deviation of Annual Returns | 24.59% |
| Max Drawdown | -57% |
| Market Capitalization | 4.5B CNY |
| Shares Outstanding | 298 868 000 |
| Percentage of Shares Shorted |
N/A
|
Company Profile
Zhejiang Changsheng Sliding Bearings Co Ltd
Country
Industry
Market Cap
Dividend Yield
Description
Zhejiang Changsheng Sliding Bearings Co., Ltd. engages in the manufacture and sale of bearings, general cargo transport, and real estate business. The company is headquartered in Jiaxing, Zhejiang and currently employs 983 full-time employees. The company went IPO on 2017-11-06. The firm's products are comprised of metal-plastic polymer self-lubricating rolled bearings, bimetallic boundary lubricating rolled bearings, metal-based self-lubricating bearings, copper-based boundary lubricating rolled bearings, non-metallic self-lubricating bearings and other bearings. The products are used in a range of industries, including automobiles, engineering machinery, port machinery, plastic machinery, agricultural machinery and so on. The firm sells its products to both domestic and international markets, including South Korea, Germany, Britain, Italy, France and Sweden.
Contact
IPO
Employees
Officers
The intrinsic value of one
Zhejiang Changsheng Sliding Bearings Co Ltd
stock under the Base Case scenario is
24.39
CNY.
Compared to the current market price of 15.09 CNY,
Zhejiang Changsheng Sliding Bearings Co Ltd
is
Undervalued by 38%.
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