Is Shenzhen Overseas Chinese TownLtd (SZSE:000069) Using Too Much Debt?
Nov 27
Have your own idea? Try our Stock Screener
Chinese (SSE) Real Estate Sector Analysis
UpdatedNov 27, 2024
DataAggregated Company Financials
Companies125
- 7D-2.2%
- 3M37.7%
- 1Y-2.9%
- YTD7.8%
Over the last 7 days, the Real Estate industry has dropped 2.2%, driven by China Vanke declining 3.5%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 39% per annum.
Sector Valuation and Performance
Has the Chinese Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 28 Nov 2024 | CN¥1.4t | CN¥2.2t | -CN¥57,995,909,499.27 | 45.1x | -24.4x | 0.6x |
| Sat, 26 Oct 2024 | CN¥1.4t | CN¥2.3t | -CN¥42,989,852,966.23 | 48.7x | -32.6x | 0.6x |
| Mon, 23 Sep 2024 | CN¥1.1t | CN¥2.3t | -CN¥42,969,517,630.07 | 39.8x | -25.8x | 0.5x |
| Wed, 21 Aug 2024 | CN¥1.1t | CN¥2.5t | -CN¥8,822,876,110.42 | 27.3x | -121.5x | 0.4x |
| Fri, 19 Jul 2024 | CN¥1.1t | CN¥2.5t | -CN¥8,604,398,339.95 | 31.1x | -131.6x | 0.5x |
| Sun, 16 Jun 2024 | CN¥1.2t | CN¥2.6t | -CN¥23,041,379,090.87 | 33.4x | -53.2x | 0.5x |
| Tue, 14 May 2024 | CN¥1.2t | CN¥2.5t | -CN¥33,585,557,653.49 | 31.2x | -37.1x | 0.5x |
| Thu, 11 Apr 2024 | CN¥1.2t | CN¥2.6t | -CN¥10,164,173,887.28 | 22x | -117.8x | 0.5x |
| Sat, 09 Mar 2024 | CN¥1.2t | CN¥2.7t | -CN¥11,664,289,756.92 | 19.3x | -106.8x | 0.5x |
| Mon, 05 Feb 2024 | CN¥1.2t | CN¥2.7t | -CN¥32,140,729,870.00 | 19x | -37.7x | 0.4x |
| Wed, 03 Jan 2024 | CN¥1.3t | CN¥2.7t | -CN¥27,295,629,370.00 | 20.4x | -48.6x | 0.5x |
| Fri, 01 Dec 2023 | CN¥1.4t | CN¥2.7t | -CN¥27,178,068,187.00 | 20.3x | -52.6x | 0.5x |
| Sun, 29 Oct 2023 | CN¥1.4t | CN¥2.7t | -CN¥15,222,025,299.00 | 20.2x | -94x | 0.5x |
| Tue, 26 Sep 2023 | CN¥1.6t | CN¥2.7t | -CN¥13,393,353,993.00 | 20.2x | -117.2x | 0.6x |
| Thu, 24 Aug 2023 | CN¥1.6t | CN¥2.7t | -CN¥12,240,829,158.00 | 23.7x | -132.6x | 0.6x |
| Sat, 22 Jul 2023 | CN¥1.6t | CN¥2.6t | CN¥569.5m | 22.9x | 2729.2x | 0.6x |
| Mon, 19 Jun 2023 | CN¥1.6t | CN¥2.6t | -CN¥1,188,819,293.00 | 22.4x | -1339.8x | 0.6x |
| Wed, 17 May 2023 | CN¥1.6t | CN¥2.6t | CN¥413.8m | 22.2x | 3879.3x | 0.6x |
| Fri, 14 Apr 2023 | CN¥1.7t | CN¥2.6t | CN¥14.0b | 24.9x | 120.2x | 0.6x |
| Sun, 12 Mar 2023 | CN¥1.7t | CN¥2.6t | CN¥23.3b | 23.3x | 71.1x | 0.6x |
| Tue, 07 Feb 2023 | CN¥1.7t | CN¥2.6t | CN¥23.7b | 23.5x | 72x | 0.7x |
| Thu, 05 Jan 2023 | CN¥1.8t | CN¥2.6t | CN¥33.0b | 23.6x | 53.4x | 0.7x |
| Sat, 03 Dec 2022 | CN¥1.8t | CN¥2.6t | CN¥33.1b | 24.7x | 53.9x | 0.7x |
| Mon, 31 Oct 2022 | CN¥1.5t | CN¥2.6t | CN¥39.5b | 20.7x | 37.6x | 0.6x |
| Wed, 28 Sep 2022 | CN¥1.7t | CN¥2.7t | CN¥64.1b | 21.4x | 26.5x | 0.6x |
| Fri, 26 Aug 2022 | CN¥1.7t | CN¥2.8t | CN¥37.0b | 21x | 46x | 0.6x |
| Sun, 24 Jul 2022 | CN¥1.7t | CN¥2.8t | CN¥41.0b | 19.7x | 40.8x | 0.6x |
| Tue, 21 Jun 2022 | CN¥1.7t | CN¥3.0t | CN¥52.7b | 22x | 32.7x | 0.6x |
| Thu, 19 May 2022 | CN¥1.8t | CN¥3.0t | CN¥53.1b | 21.2x | 33.6x | 0.6x |
| Sat, 16 Apr 2022 | CN¥2.0t | CN¥3.1t | CN¥130.9b | 16.2x | 15.5x | 0.6x |
| Mon, 14 Mar 2022 | CN¥1.8t | CN¥3.1t | CN¥156.5b | 13.6x | 11.2x | 0.6x |
| Wed, 09 Feb 2022 | CN¥1.9t | CN¥3.1t | CN¥161.3b | 13.4x | 11.6x | 0.6x |
| Fri, 07 Jan 2022 | CN¥1.9t | CN¥3.1t | CN¥171.0b | n/a | 11x | 0.6x |
| Sun, 05 Dec 2021 | CN¥1.8t | CN¥3.1t | CN¥171.0b | 12.7x | 10.3x | 0.6x |
Price to Earnings Ratio
10.3x
Current Industry PE
- Investors are optimistic on the Chinese Real Estate industry, and appear confident in long term growth rates.
- The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
- Total earnings for the Real Estate industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 11% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Chinese Real Estate sector?
| CN Market | -2.80% | |
| Real Estate | -2.20% | |
| REITS | 0% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Health Care REITs | 0% | |
| Retail REITs | 0% | |
| Office REITs | 0% | |
| Specialized REITs | -0.34% | |
| Industrial REITs | -0.77% | |
| Real Estate | -2.22% | |
Industry PE
- Investors are most optimistic about the Industrial REITs industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 55.2%, which is higher than its past year's earnings growth of 8.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Industrial REITs industry, expecting annual earnings growth of 55% over the next 5 years.
- This is better than its past earnings growth rate of 8.9% per year.
- In contrast, the Real Estate industry is expected to see its earnings grow by 39% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 001979 China Merchants Shekou Industrial Zone Holdings | CN¥11.39 | 3.4% +CN¥3.4b | 8.7% | PE22.6x | |
| 600185 Gree Real EstateLtd | CN¥8.08 | 13.2% +CN¥1.8b | 8.0% | PS3.4x | |
| 600641 Shanghai Wanye EnterprisesLtd | CN¥20.65 | 4.3% +CN¥783.5m | 17.9% | PS36.9x | |
| 600383 Gemdale | CN¥5.56 | 3.2% +CN¥767.5m | 8.2% | PS0.3x | |
| 000069 Shenzhen Overseas Chinese TownLtd | CN¥3.02 | 2.7% +CN¥643.0m | -12.7% | PS0.5x |
