Jpmorgan Chinese Investm... (JMC)

Company name:	Jpmorgan Chinese Investment Trust Plc
EPIC:	JMC	Trading Currency:	GBX
Market Sector:	SSC6	ISIN:	GB0003435012
Market Segment:	SSMM	Share Type:	DE
WWW Address:	http://www.jpmorganfleming.com/	Description:	ORD 25P
Industry Sector:	EQUITY INVESTMENT INSTRUMENTS

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
302.00	7.0 [2.37]	298.00	302.00	305.00	305.00	300.00	30,060
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
226.52	75.01	0.18	4.32	3.50	69.91	1.16	325.00 - 218.00

Jpmorgan Chinese Investm... Key Figures

(at previous day's close)
Market Cap.	226.52	m
Shares In Issue	75.01	m
Prev. Close	295.00
PE Ratio	69.91
Dividend Yield	1.16	%
EPS - basic	4.32	p
Dividend PS	3.50	p
Dividend Cover	1.23
Cash Flow PS	0.27	p
Return On Equity (ROE)	1.43	%
Operating Margin	-	%
PEG Factor	0.26
EPS Growth Rate	272.41	%
Dividends PS Growth Rate	118.75	%
Net Debt	40.36	m
Gross Gearing	17.71	%
Quick Assets	7.96	m
Net Working Capital	-39.58	m
Intangibles / Fixed Assets	-	%
Turnover PS	-	p
Pre-Tax Profit PS	4.73	p
Retained Profit PS	2.65	p
Cash PS	9.56	p
Net Cash PS	-53.81	p
Net Tangible Asset Value PS *	294.59	p
Net Asset Value PS	303.90	p
Spread	4.00 (1.32%)
* Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies.

Jpmorgan Chinese Investm... Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	314.00	295.00
4 weeks	318.00	295.00
12 weeks	325.00	275.00
1 year	325.00	218.00

Share Price Chart (5 years)

Jpmorgan Chinese Investm... Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	314.00	-12.00	-3.82	295.00	0.04		299.56
4 weeks	318.00	-16.00	-5.03	295.00	0.05		306.92
12 weeks	300.00	2.00	0.67	275.00	0.06		302.21
26 weeks	296.00	6.00	2.03	252.00	0.06		293.82
1 year	235.00	67.00	28.51	218.00	0.06		275.53
3 years	218.00	84.00	38.53	187.00	0.07		275.46
5 years	161.75	140.25	86.71	134.75	0.07		234.28
† periods calculated are whole weeks rather than calendar months

Jpmorgan Chinese Investm... Key Management Ratios

Jpmorgan Chinese Investm... Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	197.56
PE Ratio	69.91
Tobin's Q Ratio	0.87
Tobin's Q Ratio (excl. intangibles)	0.87
Dividend Yield	1.16	%
Market-to-Book Ratio	1.03
Price-to-Pre-Tax Profit PS	63.86
Price-to-Retained Profit PS	114.11
Price-to-Cash Flow PS	1,115.84
Price-to-Sales PS	-
Price-to-Net Tangible Asset Value PS	0.99
Price-to-Cash PS	31.57
Net Working Capital PS	-52.77
Price Pct to Working Capital PS	-5.72	%
Earnings Yield	1.43	%
Average PE	115.67
Years in average	5
PE to PE average	60.43	%

Jpmorgan Chinese Investm... Financial Ratios

(Leverage Ratios)
Debt Ratio	-	%
Debt-to-Equity Ratio	-
Debt-to-Equity Ratio (excl. Intgbl)	-
Debt-to-Equity Market Value	-
Net Gearing	15.03	%
Net Gearing (excl. Intangibles)	15.03	%
Gross Gearing	17.71	%
Gross Gearing (excl. Intangibles)	17.71	%
Gearing Under 1 Year	17.71	%
Gearing Under 1 Year (excl. Intgbl)	17.71	%
Assets/Equity	1.22
Cash/Equity	3.25
(Liquidity Ratios)
Net Working Capital to Total Assets	-14.74	%
Current Ratio	0.17
Quick Ratio (Acid Test)	0.17
Liquidity Ratio	0.15
Cash & Equiv/Current Assets	90.14	%
(Solvency Ratios)
Enterprise Value	219.34	m
CFO/Sales	-
CFO/Attributable Profit	0.06
CFO/Assets	0.00
CFO/Debt	0.00
Total Debt/Equity Market Value	0.21
Total Debt/Sales	-
Total Debt/Pre-Tax Profit	13.40
Total Debt	47.54	m
Total Debt/Net Current Assets	-1.20	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	34.14	%
5 yr Compound Earnings Growth	20.51	%
10 yr Compound Earnings Growth	10.94	%
Earn drops > 5% in 10yrs	10

Beta (60-Mnth)	Beta (36-Mnth)
0.1789	0.1687

Jpmorgan Chinese Investm... Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	1.61	%
Return On Assets (ROA)	1.21	%
Net Profit Margin	-	%
Assets Turnover	-
Return On Equity (ROE)	1.43	%
Return On Investment (ROI)	1.41	%
Dividend Payout Ratio	81.02	%
Plowback Ratio	18.98	%
Growth from Plowback Ratio	0.27	%
Net Income Of Revenues	-	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	-
Fixed Assets Turnover	-
Current Assets Turnover	-
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	-
Debtors-to-Sales	-	%
Debt Collection Period	-	Days

Jpmorgan Chinese Investm... Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
06 Dec 2018	Final	GBX	3.50	30/09/2017	30/09/2018	13/12/2018	14/12/2018	06/02/2019	3.50
22 Nov 2017	Final	GBX	1.60	30/09/2016	30/09/2017	14/12/2017	15/12/2017	07/02/2018	1.60
08 Dec 2016	Final	GBX	1.60	30/09/2015	30/09/2016	15/12/2016	16/12/2016	08/02/2017	1.60
02 Dec 2015	Final	GBX	1.80	30/09/2014	30/09/2015	10/12/2015	11/12/2015	02/02/2016	1.80
04 Dec 2014	Final	GBX	1.60	30/09/2013	30/09/2014	11/12/2014	12/12/2014	03/02/2015	1.60
02 Dec 2013	Final	GBX	1.60	30/09/2012	30/09/2013	11/12/2013	13/12/2013	03/02/2014	1.60
07 Dec 2012	Final	GBX	1.60	30/09/2011	30/09/2012	19/12/2012	21/12/2012	29/01/2013	1.60
17 Nov 2011	Final	GBX	1.30	30/09/2010	30/09/2011	30/11/2011	02/12/2011	23/12/2011	1.30
11 Nov 2010	Final	GBX	1.50	30/09/2009	30/09/2010	24/11/2010	26/11/2010	17/12/2010	1.50
11 Nov 2009	Final	GBX	1.50	30/09/2008	30/09/2009	25/11/2009	27/11/2009	18/12/2009	1.50
10 Nov 2008	Final	GBX	0.50	30/09/2007	30/09/2008	19/11/2008	21/11/2008	19/12/2008	0.50
10 Nov 2007	Final	GBX	0.50	30/09/2006	30/09/2007	14/11/2007	16/11/2007	21/12/2007	0.50
13 Nov 2006	Final	GBX	0.70	30/09/2005	30/09/2006	15/11/2006	17/11/2006	22/12/2006	0.70
04 Nov 2005	Final	GBX	0.90	30/09/2004	30/09/2005	16/11/2005	18/11/2005	23/12/2005	0.90
08 Nov 2004	Final	GBX	1.00	30/09/2003	30/09/2004	17/11/2004	19/11/2004	23/12/2004	1.00
12 Nov 2003	Final	GBX	0.60	30/09/2002	30/09/2003	19/11/2003	21/11/2003	23/12/2003	0.60
11 Nov 2002	Final	GBX	0.25	30/09/2001	30/09/2002	20/11/2002	22/11/2002	23/12/2002	0.25
30 Oct 2001	Final	GBX	-	30/09/2000	30/09/2001	-	-	-	-
01 Nov 2000	Final	GBX	-	30/09/1999	30/09/2000	-	-	-	-
05 Nov 1999	Final	GBX	0.10	30/09/1998	30/09/1999	15/11/1999	19/11/1999	15/12/1999	0.10
30 Oct 1998	Final	GBX	0.50	30/09/1997	30/09/1998	16/11/1998	20/11/1998	15/12/1998	0.50

Jpmorgan Chinese Investm... Fundamentals

	30 Sep 2015 (GBP)		30 Sep 2016 (GBP)		30 Sep 2017 (GBP)		30 Sep 2018 (GBP)
turnover	-	-	-	-	-	-	-	-	m
pre tax profit	1.99	-	1.24	-	0.65	-	3.55	-	m
attributable profit	1.70	-	1.34	-	0.85	-	3.15	-	m
retained profit	0.49	-	0.15	-	-0.33	-	1.99	-	m
eps - basic (p)	2.25		1.79		1.16		4.32
eps - diluted (p)	2.25		1.79		1.16		4.32
dividends per share	1.80		1.60		1.60		3.50

Jpmorgan Chinese Investm... Balance Sheet

	30 Sep 2015 (GBP)		30 Sep 2016 (GBP)		30 Sep 2017 (GBP)		30 Sep 2018 (GBP)


	30 Sep 2015 (GBP)		30 Sep 2016 (GBP)		30 Sep 2017 (GBP)		30 Sep 2018 (GBP)
ASSETS
fixed assets	-	-%	-	-%	-	-%	-	-%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	157.12	97.99%	195.16	98.93%	246.88	98.53%	260.54	97.04%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	0.89	0.56%	1.60	0.81%	1.78	0.71%	0.79	0.29%	m
cash & securities	2.33	1.45%	0.52	0.26%	1.89	0.75%	7.17	2.67%	m

TOTAL	160.34	100%	197.27	100%	250.55	100%	268.50	100%	m

LIABILITIES
creditors - short	24.41	15.22%	17.48	8.86%	24.59	9.81%	47.54	17.71%	m
creditors - long	-	-%	-	-%	-	-%	-	-%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	24.41	15.22%	17.48	8.86%	24.59	9.81%	47.54	17.71%	m

EQUITY
ord cap, reserves	135.93	84.78%	179.80	91.14%	225.96	90.19%	220.96	82.29%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	135.93	84.78%	179.80	91.14%	225.96	90.19%	220.96	82.29%	m

OTHER
NAV Basic	181.20		242.70		309.80		303.90
NAV Diluted	181.20		242.70		309.80		303.90

Jpmorgan Chinese Investm... Cash Flow Statement

	30 Sep 2015 (GBP)	30 Sep 2016 (GBP)	30 Sep 2017 (GBP)	30 Sep 2018 (GBP)
Operating CF	1.18	2.11	0.75	0.20	m
Pre-Financing CF	-7.57	9.40	-2.73	-14.54	m
Retained CF	1.04	-4.13	1.38	5.29	m

Jpmorgan Chinese Investm... Brokers

Name	Activity	Type	Mnemonic	Code
J.P. Morgan Cazenove Limited	Market Maker(MME)	Broker/Dealer	CAZR	CAZEGB2L
Collins Stewart Europe Limited	Market Maker(MME)	Broker/Dealer	CSCS	CSTEGB21
Canaccord Genuity Limited	Market Maker(MME)	Broker/Dealer	CANA	HOARGB21001
J.P. Morgan Securities Ltd	Market Maker(MME)	Broker/Dealer	JPMS	JPMSGB2L
UBS AG	Market Maker(MME)	Broker/Dealer	UBS.	UBSWGB2LEQU
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC