Jin-Jiang Online Network: Stock’s EPS Growth Amounts to 140.63x

The profile of the company as a glance:

Shanghai Jin-Jiang Online Network Service Co. Ltd. [1346687D:CH] previously known as Shanghai JinJiang International Industrial Investment Company Limited is a Chinese based company that focuses mainly in automobile operation, automobile distribution and low-temperature logistics business. The automobile operation business of the company involve business activities such as taxi operations, car rental, sightseeing bus operations, shuttle bus services, vehicle repair services and driver training services while the automobile distribution and low-temperature logistics business of the company overseas the low-temperature warehousing, processing, packaging and delivery of goods. The company also engages in other business like investment advisory. Most of the company conducts its businesses in Shanghai, China and little involvement in the oversea regions. The company was founded and incorporated in February 1993 with its headquarter located at Shanghai, China. The executive head of the company is Xiaoming Shao with up to 9,342 other employees currently working for the company.

The stock review with reference annual EPS & PSR:

The stock market of China which have a lot of competition has reported that the stock of Shanghai Jin-Jiang Online Network Service Co. Ltd. [1346687D:CH] is trending at about 9.32 CNY per stock. This implies that the stock of the company is trending on a 24-hours price difference by -0.96% as compared to the price of the stock as same time on yesterday. The price of the stock also suggest that it has surged significantly by 14.12% YoY as compared to the price of the stock as at same period on 12 months ago. The 52-weeks high price of the stock stands at about 11.17 CNY per stock while the 52-weeks low price of the stock also stands at about 8.12 CNY per stock. The company’s total market capitalization amounts to about CNY4.36 billion while the total revenue generated from business during the Fy20 period amounted to about CNY2.66 billion, implying that the stock trends on an annual price to sales ratio (PSR) of about 1.64x

The stock of the company also trends on an EPS growth on annual basis of about 140.63x. The EPS is regarded as one of the most vital financial measure used in ascertaining the profitability of a company’s stock. This particular stock performance of the company shows that the stock has a profitable return on annual basis.

However, we should take a look at the performances of the company in the past previous years.

The company’s previous annual financial performances:

A review on the previous year’s financial performance reports of the company, shows steady and consistent improvement for that last eight years with strong improvement ratio in most of the major financial indicators. These improvements are vastly attributed to the steady growth in the distribution rate of the company within and outside china. The financial performance report of the Fy20 period highlights strong growth as some of the major financial indicators performed as follows;

Total income: The financial result that was showcased on reuters revealed that the total income raised from the company’s businesses amounted to about CNY2.66 billion, signifying that it increased by 4.51% year-on-year when compared and analyzed from the CNY2.54 billion that was reported in the previous year’s financial result.

Net profit: The report of the Fy20 period also showed that the profit made by the company, amounted to CNY338.23 million, signifying that it decreased by 18.94% year-on-year when compared and analyzed from the CNY417.31 million that was reported in the previous year’s financial result.

Debt rate: The financial report of the company for the period in quote also showed that the total debt accumulated by the company amounted to about CNY241.79 million, signifying that it increased by 2.44% year-on-year when compared and analyzed from the CNY235.87 million that was reported in the previous year’s financial result.

References: https://www.reuters.com/companies/600650.SS/financials/income-statement-annual, https://www.bloomberg.com/profile/company/1346687D:CH and https://markets.businessinsider.com/stocks/shanghai_jin_jiang_international_industrial_investment_1-stock