Brief Intro:
Anhui Wanwei Updated High-Tech Material Industry Co., Ltd. engages in the development, production and sales of polyvinyl alcohol, cement clinker, environmental protection cement, PVA ultrashort fiber, slices, rubber powder, vinyl acetate and other related products. The company was founded in 1997, has its headquarter in Chaohu, China, and distributes its business in Chinese domestic market and oversea markets.
Shares Review:
Anhui Wanwei has a fairly recovering stock and generally seems like a bargain given its growth rate. The company’s stock growth has recorded a day growth of +6.99%, the stock also had a week growth of 1.00% and monthly growth of 25.00%, YTD return is a 37.98% increase. Anhui Wanwei Updated High-Tech Material Industry Co. Ltd. A600063 (China: Shanghai) were trading up +6.99% on Wednesday morning June 23, 2021, Stock Price previously closed at CNY 4.72, Opening at CNY 4.84, and Stock Price currently at CNY 5.05 which indicates an uprise of +0.33 (+6.99%) with a Market Cap of CNY 9.73 billion, P/E ratio of 13.15x and EPS of 0.36, with Shares Outstanding of CNY 1,925,894,692 and revenue of CNY 7.57 billion. In this analysis, I will unveil insights into Anhui Wanwei’s investment potentials and latest earnings which look comparatively durable.
Earnings Recap:
Seeing the stock growth, Anhui Wanwei’s latest earnings look fairly strong in revenue records. The company posted CNY 1.70 billion in revenues during the first quarter of 2021, up by a comparatively solid 43.67% QoQ. The company’s first-quarter net income surged to CNY 128.98 million from CNY 48.95 million recorded in Q1 2020 displaying an increase of 163.47%. A deeper dive into the company’s report and its earnings shows that Diluted EPS increased recording 0.07 which is a 133.33% surge. The company’s Net profit margin and Operating income recorded an uprise in its record as 7.59% and CNY 166.71 million were recorded, indicating a +83.33% and +109.43% respectively. Anhui Wanwei has been struggling to maintain a stable stock price growth despite some toxic poor stock performance of the Q1 when compared to the previous quarter and it is worthy to note a strong uptrend stock has been prominent lately.
Anhui Wanwei’s revenue in Fy 2020 was CNY 7.05 billion an increase of 10.97% over the Fy 2019 revenue that was of CNY 6.36 billion. According to financial reports, Anhui Wanwei’s Q1 2020 to Q4 2020 presented a progressive performance in Fy20. Anhui Wanwei released a financial report that indicated its performance in the company’s revenue in Q1 2020 which recorded CNY 1.18 billion, subsequently, a record of CNY 1.51 billion was noted for Q2 2020. And Q3 2020 also recorded revenue earnings of CNY 1.96 billion as its total revenue, the revenue of CNY 2.40 billion was recorded for Q4 2020. The company’s Q4 2020 also recorded a net income of CNY 247.51 million, indicating a 195.01% net income upsurge.
Return on Assets:
Anhui Wanwei has been creating avenues to improve more and generate income for shareholders, the company was able to present net Income for Fy 2020 as CNY 611.2 million, with an Average Asset of CNY 10.011 billion and a Return on Assets of 6.1%. Fy 2020 P/E Ratio of Anhui Wanwei saw CNY 7.049 billion for Market Cap, Earnings recorded 447.6, and the P/E Ratio was 15.7x.
EV / EBITDA:
Anhui Wanwei’s EV/EBITDA for Fy 2020 recorded Enterprise Value to be CNY 6.988 billion. The EBITDA was CNY 1.013 million and the EV/EBITDA ratio was 6.9x.
Investors Note:
Anhui Wanwei has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to function within a market with growth that is expected to drive the company’s future growth. if Anhui Wanwei can keep on providing the value, the stock price will continue to increase because the company has established a strong brand presence within the domestic Chinese market, Combined with its proven ability to provide quality services. investors should find the current valuations highly attractive.
Management Board:
This company is governed by Bang Zhu Liu as the Chairman-Supervisory Board, Fu Sheng Wu as the company’s Chairman, Xian Wu Sun remains the company’s General Manager & Director, Xiao Hong Tang as Member-Supervisory Board, and Lin Wu as Director, Chief Accountant & Deputy GM.
