China Railway Group
Market Cap
CN¥120.3b
Last Updated
2021/07/23 09:27 UTC
Data Sources
Company Financials +
Executive Summary
China Railway Group Limited, together with its subsidiaries, operates as an integrated construction company in the People’s Republic of China, Hong Kong, and Macau. More Details
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued 6 star dividend payer.
Similar Companies
Share Price & News
How has China Railway Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 601390 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 601390's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
1.0%
601390
0.6%
CN Construction
1.4%
CN Market
1 Year Return
-5.9%
601390
-5.6%
CN Construction
13.8%
CN Market
Return vs Industry: 601390 matched the CN Construction industry which returned -5.6% over the past year.
Return vs Market: 601390 underperformed the CN Market which returned 13.8% over the past year.
Shareholder returns
| 601390 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.0% | 0.6% | 1.4% |
| 30 Day | 0% | 1.2% | 2.0% |
| 90 Day | -2.2% | 0.5% | 6.4% |
| 1 Year | -3.0%-5.9% | -3.1%-5.6% | 15.3%13.8% |
| 3 Year | n/a | -6.0%-11.9% | 55.6%47.9% |
| 5 Year | -16.0%-23.1% | -15.4%-22.1% | 35.4%26.1% |
Long-Term Price Volatility Vs. Market
How volatile is China Railway Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is China Railway Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 601390 (CN¥5.26) is trading below our estimate of fair value (CN¥14.46)
Significantly Below Fair Value: 601390 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 601390 is good value based on its PE Ratio (4.9x) compared to the CN Construction industry average (16.5x).
PE vs Market: 601390 is good value based on its PE Ratio (4.9x) compared to the CN market (33x).
Price to Earnings Growth Ratio
PEG Ratio: 601390 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 601390 is good value based on its PB Ratio (0.5x) compared to the CN Construction industry average (1.4x).
Future Growth
How is China Railway Group forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
7.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 601390's forecast earnings growth (7.8% per year) is above the savings rate (3.3%).
Earnings vs Market: 601390's earnings (7.8% per year) are forecast to grow slower than the CN market (22.1% per year).
High Growth Earnings: 601390's earnings are forecast to grow, but not significantly.
Revenue vs Market: 601390's revenue (9.2% per year) is forecast to grow slower than the CN market (17.9% per year).
High Growth Revenue: 601390's revenue (9.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 601390's Return on Equity is forecast to be low in 3 years time (10.8%).
Past Performance
How has China Railway Group performed over the past 5 years?
16.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 601390 has high quality earnings.
Growing Profit Margin: 601390's current net profit margins (2.5%) are lower than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: 601390's earnings have grown by 16.4% per year over the past 5 years.
Accelerating Growth: 601390's earnings growth over the past year (21.5%) exceeds its 5-year average (16.4% per year).
Earnings vs Industry: 601390 earnings growth over the past year (21.5%) underperformed the Construction industry 22.6%.
Return on Equity
High ROE: 601390's Return on Equity (9.3%) is considered low.
Financial Health
How is China Railway Group's financial position?
Financial Position Analysis
Short Term Liabilities: 601390's short term assets (CN¥777.0B) exceed its short term liabilities (CN¥739.8B).
Long Term Liabilities: 601390's short term assets (CN¥777.0B) exceed its long term liabilities (CN¥196.3B).
Debt to Equity History and Analysis
Debt Level: 601390's debt to equity ratio (75.2%) is considered high.
Reducing Debt: 601390's debt to equity ratio has reduced from 118.1% to 75.2% over the past 5 years.
Debt Coverage: 601390's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: 601390's interest payments on its debt are well covered by EBIT (11.5x coverage).
Balance Sheet
Dividend
What is China Railway Group current dividend yield, its reliability and sustainability?
3.42%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 601390's dividend (3.42%) is higher than the bottom 25% of dividend payers in the CN market (0.41%).
High Dividend: 601390's dividend (3.42%) is in the top 25% of dividend payers in the CN market (1.8%)
Stability and Growth of Payments
Stable Dividend: 601390's dividends per share have been stable in the past 10 years.
Growing Dividend: 601390's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.7%), 601390's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 601390's dividends in 3 years are forecast to be well covered by earnings (16% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.0yrs
Average management tenure
CEO
China Railway Group has no CEO, or we have no data on them.
Leadership Team
Experienced Management: 601390's management team is considered experienced (3 years average tenure).
Board Members
Experienced Board: 601390's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
China Railway Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: China Railway Group Limited
- Ticker: 601390
- Exchange: SHSE
- Founded: 1950
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: CN¥120.251b
- Shares outstanding: 24.57b
- Website: https://www.crec.cn
Number of Employees
Location
- China Railway Group Limited
- Unit 1201-1203, APEC Plaza
- 12th Floor
- Kowloon
- Kowloon
- Hong Kong
Listings
Biography
China Railway Group Limited, together with its subsidiaries, operates as an integrated construction company in the People’s Republic of China, Hong Kong, and Macau. Its Infrastructure Construction segment ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/23 09:27 |
| End of Day Share Price | 2021/07/22 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.