Fujian Torch Electron Technology Co., Ltd. Logo

Fujian Torch Electron Technology Co., Ltd.

603678.SS

(2.5)
Stock Price

19,53 CNY

4.91% ROA

5.92% ROE

30.55x PER

Market Cap.

10.734.289.664,00 CNY

27.86% DER

1.44% Yield

9.1% NPM

Fujian Torch Electron Technology Co., Ltd. Stock Analysis

Fujian Torch Electron Technology Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Fujian Torch Electron Technology Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (28%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

3 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

4 ROE

The stock's ROE falls within an average range (7.01%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (4.91%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

6 PBV

The stock's PBV ratio (2.44x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

7 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (259), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

8 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

Fujian Torch Electron Technology Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Fujian Torch Electron Technology Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

Fujian Torch Electron Technology Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Fujian Torch Electron Technology Co., Ltd. Revenue
Year Revenue Growth
2011 552.708.342
2012 709.575.862 22.11%
2013 804.436.378 11.79%
2014 890.935.413 9.71%
2015 1.084.322.253 17.83%
2016 1.502.517.830 27.83%
2017 1.888.132.952 20.42%
2018 2.024.346.911 6.73%
2019 2.569.393.413 21.21%
2020 3.656.246.816 29.73%
2021 4.734.159.809 22.77%
2022 3.558.715.103 -33.03%
2023 4.544.699.967 21.7%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Fujian Torch Electron Technology Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2011 9.184.633
2012 12.169.804 24.53%
2013 12.892.183 5.6%
2014 13.495.307 4.47%
2015 17.911.603 24.66%
2016 20.613.448 13.11%
2017 36.341.187 43.28%
2018 36.276.701 -0.18%
2019 56.265.195 35.53%
2020 68.104.888 17.38%
2021 107.688.883 36.76%
2022 106.964.862 -0.68%
2023 147.257.254 27.36%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Fujian Torch Electron Technology Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2011 11.646.782
2012 17.910.058 34.97%
2013 14.025.988 -27.69%
2014 15.290.200 8.27%
2015 21.200.009 27.88%
2016 25.455.946 16.72%
2017 38.870.417 34.51%
2018 45.652.782 14.86%
2019 65.870.484 30.69%
2020 55.987.182 -17.65%
2021 57.938.246 3.37%
2022 60.005.459 3.45%
2023 645.679.968 90.71%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Fujian Torch Electron Technology Co., Ltd. EBITDA
Year EBITDA Growth
2011 134.069.671
2012 168.478.269 20.42%
2013 179.528.519 6.16%
2014 202.591.256 11.38%
2015 222.840.326 9.09%
2016 275.447.170 19.1%
2017 342.786.280 19.64%
2018 527.828.370 35.06%
2019 590.217.476 10.57%
2020 919.853.296 35.84%
2021 1.349.397.632 31.83%
2022 1.198.718.195 -12.57%
2023 335.810.307 -256.96%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Fujian Torch Electron Technology Co., Ltd. Gross Profit
Year Gross Profit Growth
2011 182.536.363
2012 227.920.285 19.91%
2013 239.587.605 4.87%
2014 268.200.272 10.67%
2015 306.698.944 12.55%
2016 396.138.464 22.58%
2017 485.298.282 18.37%
2018 710.010.751 31.65%
2019 825.249.144 13.96%
2020 1.164.480.773 29.13%
2021 1.681.600.674 30.75%
2022 1.508.462.899 -11.48%
2023 943.420.898 -59.89%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Fujian Torch Electron Technology Co., Ltd. Net Profit
Year Net Profit Growth
2011 94.151.644
2012 113.178.117 16.81%
2013 120.897.306 6.38%
2014 137.141.206 11.84%
2015 153.521.803 10.67%
2016 193.478.744 20.65%
2017 236.774.279 18.29%
2018 333.176.114 28.93%
2019 381.438.433 12.65%
2020 609.492.311 37.42%
2021 955.854.869 36.24%
2022 801.452.855 -19.27%
2023 153.415.477 -422.41%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Fujian Torch Electron Technology Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2011 0
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 100%
2021 2 50%
2022 2 -100%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Fujian Torch Electron Technology Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2011 71.014.679
2012 27.635.765 -156.97%
2013 1.544.300 -1689.53%
2014 1.647.461 6.26%
2015 -154.183.695 101.07%
2016 -178.396.876 13.57%
2017 -171.407.930 -4.08%
2018 -207.716.844 17.48%
2019 -117.608.490 -76.62%
2020 -245.456.100 52.09%
2021 -25.658.761 -856.62%
2022 279.516.587 109.18%
2023 -239.313.976 216.8%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Fujian Torch Electron Technology Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2011 82.652.392
2012 83.213.505 0.67%
2013 72.874.980 -14.19%
2014 51.281.423 -42.11%
2015 80.501.614 36.3%
2016 156.708.340 48.63%
2017 86.218.767 -81.76%
2018 132.890.142 35.12%
2019 232.138.778 42.75%
2020 25.429.417 -812.87%
2021 594.289.640 95.72%
2022 925.628.801 35.8%
2023 -168.347.976 649.83%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Fujian Torch Electron Technology Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2011 11.637.714
2012 55.577.739 79.06%
2013 71.330.679 22.08%
2014 49.633.962 -43.71%
2015 234.685.309 78.85%
2016 335.105.216 29.97%
2017 257.626.697 -30.07%
2018 340.606.986 24.36%
2019 349.747.268 2.61%
2020 270.885.516 -29.11%
2021 619.948.401 56.31%
2022 646.112.215 4.05%
2023 70.966.000 -810.45%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Fujian Torch Electron Technology Co., Ltd. Equity
Year Equity Growth
2011 305.134.847
2012 418.296.168 27.05%
2013 513.301.445 18.51%
2014 625.519.296 17.94%
2015 1.138.524.965 45.06%
2016 2.324.363.590 51.02%
2017 2.523.775.152 7.9%
2018 2.829.318.928 10.8%
2019 3.180.924.345 11.05%
2020 4.023.555.461 20.94%
2021 4.821.695.351 16.55%
2022 5.465.382.359 11.78%
2023 5.645.957.078 3.2%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Fujian Torch Electron Technology Co., Ltd. Assets
Year Assets Growth
2011 546.595.906
2012 762.468.900 28.31%
2013 813.931.780 6.32%
2014 995.930.503 18.27%
2015 1.650.274.995 39.65%
2016 2.938.037.280 43.83%
2017 3.313.468.636 11.33%
2018 3.755.768.441 11.78%
2019 4.416.607.250 14.96%
2020 5.933.934.468 25.57%
2021 6.940.424.803 14.5%
2022 7.541.607.238 7.97%
2023 8.016.656.045 5.93%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Fujian Torch Electron Technology Co., Ltd. Liabilities
Year Liabilities Growth
2011 241.461.059
2012 344.172.732 29.84%
2013 300.638.434 -14.48%
2014 371.040.380 18.97%
2015 513.099.689 27.69%
2016 577.114.336 11.09%
2017 759.563.306 24.02%
2018 926.449.513 18.01%
2019 1.235.682.905 25.03%
2020 1.910.379.007 35.32%
2021 2.118.729.452 9.83%
2022 2.076.224.879 -2.05%
2023 2.370.698.967 12.42%

Fujian Torch Electron Technology Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
7.26
Net Income per Share
0.79
Price to Earning Ratio
30.55x
Price To Sales Ratio
3.12x
POCF Ratio
62.77
PFCF Ratio
-81.66
Price to Book Ratio
2.13
EV to Sales
3.32
EV Over EBITDA
20.42
EV to Operating CashFlow
62.46
EV to FreeCashFlow
-86.9
Earnings Yield
0.03
FreeCashFlow Yield
-0.01
Market Cap
10,73 Bil.
Enterprise Value
11,42 Bil.
Graham Number
14.26
Graham NetNet
2.47

Income Statement Metrics

Net Income per Share
0.79
Income Quality
0.87
ROE
0.07
Return On Assets
0.04
Return On Capital Employed
0.06
Net Income per EBT
0.88
EBT Per Ebit
0.99
Ebit per Revenue
0.11
Effective Tax Rate
0.12

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0.04
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.3
Operating Profit Margin
0.11
Pretax Profit Margin
0.1
Net Profit Margin
0.09

Dividends

Dividend Yield
0.01
Dividend Yield %
1.44
Payout Ratio
0.54
Dividend Per Share
0.35

Operating Metrics

Operating Cashflow per Share
0.39
Free CashFlow per Share
-0.28
Capex to Operating CashFlow
-1.72
Capex to Revenue
-0.09
Capex to Depreciation
0
Return on Invested Capital
0.06
Return on Tangible Assets
0.05
Days Sales Outstanding
287.24
Days Payables Outstanding
88.44
Days of Inventory on Hand
205.81
Receivables Turnover
1.27
Payables Turnover
4.13
Inventory Turnover
1.77
Capex per Share
-0.66

Balance Sheet

Cash per Share
1,80
Book Value per Share
11,39
Tangible Book Value per Share
11.14
Shareholders Equity per Share
11.39
Interest Debt per Share
3.26
Debt to Equity
0.28
Debt to Assets
0.19
Net Debt to EBITDA
1.23
Current Ratio
3.68
Tangible Asset Value
5,27 Bil.
Net Current Asset Value
2,57 Bil.
Invested Capital
0.28
Working Capital
3,60 Bil.
Intangibles to Total Assets
0.05
Average Receivables
2,54 Bil.
Average Payables
0,55 Bil.
Average Inventory
1316299308.22
Debt to Market Cap
0.14

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Fujian Torch Electron Technology Co., Ltd. Dividends
Year Dividends Growth
2015 0
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Fujian Torch Electron Technology Co., Ltd. Profile

About Fujian Torch Electron Technology Co., Ltd.

Fujian Torch Electron Technology Co., Ltd. engages in the research and development, production, sale, and servicing of ceramic capacitors in China. It offers chip multilayer, coated lead type multilayer, molded surface mount, chip polymer solid electrolyte tantalum, and high performance carbon-based electric double layer ceramic capacitors for use in various fields, such as communication equipment, industrial control equipment, precision instrumentation, medical equipment, petroleum exploration equipment, etc. The company was formerly known as Quanzhou Torch Electronic Component Factory. Fujian Torch Electron Technology Co., Ltd. was founded in 1988 and is based in Quanzhou, China.

CEO
Mr. JinJun Cai
Employee
2.275
Address
No. 4, Zihua Road
Quanzhou, 362000

Fujian Torch Electron Technology Co., Ltd. Executives & BODs

Fujian Torch Electron Technology Co., Ltd. Executives & BODs
# Name Age
1 Mr. Junmiao Wu
Deputy GM & Director
70
2 Mr. Shi Zong Chen
Board Secretary
70
3 Mr. JinJun Cai
Chairman & GM
70
4 Mr. Huanchun Zhou
Financial Director
70
5 Mr. Qiang Wang
Deputy General Manager
70
6 Mr. Zishan Zhang
Chief Engineer & Director
70

Fujian Torch Electron Technology Co., Ltd. Competitors