China Railway Group
Market Cap
CN¥140.8b
Last Updated
2019/10/16 14:58 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 and other Asian countries.
Snowflake
Fundamentals
Very undervalued with adequate balance sheet and pays a dividend.
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
Market Performance
7 Day Return
-0.5%
601390
0.9%
CN Construction
1.8%
CN Market
1 Year Return
-21.6%
601390
-0.7%
CN Construction
27.1%
CN Market
Shareholder returns
| 601390 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | 0.9% | 1.8% |
| 30 Day | -5.0% | -4.1% | -2.3% |
| 90 Day | -6.4% | -4.3% | 4.9% |
| 1 Year | -20.0%-21.6% | 1.2%-0.7% | 29.4%27.1% |
| 3 Year | -27.9%-31.1% | -26.1%-29.2% | -9.7%-13.3% |
| 5 Year | 100.5%88.4% | 37.3%28.7% | 38.6%30.3% |
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?
47.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: 601390 (CN¥6.03) is trading below our estimate of fair value (CN¥11.56)
Significantly Undervalued: 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 (8.3x) compared to the Construction industry average (19.4x).
PE vs Market: 601390 is good value based on its PE Ratio (8.3x) compared to the CN market (32.1x).
Price to Earnings Growth Ratio
Low PEG Ratio: 601390 is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: 601390 is good value based on its PB Ratio (0.7x) compared to the CN Construction industry average (1.6x).
Next Steps
Future Growth
How is China Railway Group forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
11.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 601390's forecast earnings growth (11.8% per year) is above the savings rate (2.7%).
Earnings vs Market: 601390's earnings (11.8% per year) are forecast to grow slower than the CN market (18.3% per year).
High Growth Earnings: 601390's earnings are forecast to grow, but not significantly.
Revenue vs Market: 601390's revenue (7.9% per year) is forecast to grow slower than the CN market (15.2% per year).
High Growth Revenue: 601390's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Information is not available.
Next Steps
Past Performance
How has China Railway Group performed over the past 5 years?
11.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 601390's earnings have grown by 11.8% per year over the past 5 years.
Accelerating Growth: 601390's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 601390 had negative earnings growth (-0.4%) over the past year, making it difficult to compare to the Construction industry average (8.3%).
Return on Equity
High ROE: 601390's Return on Equity (8.4%) is considered low.
Return on Assets
ROA vs Industry: 601390's Return on Assets is below or equal to the Construction industry average last year.
Return on Capital Employed
ROCE Improving: 601390 has significantly improved its Return on Capital Employed over the past 3 years.
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Financial Health
How is China Railway Group's financial position?
Financial Position Analysis
Short Term Liabilities: 601390's short term assets (CN¥691.0B) exceeds its short term liabilities (CN¥651.5B)
Long Term Liabilities: 601390's short term assets (691.0B) exceeds its long term liabilities (130.8B)
Debt to Equity History and Analysis
Debt Level: 601390's debt to equity ratio (99.7%) is considered high
Reducing Debt: 601390's debt to equity ratio has reduced from 195.6% to 99.7% over the past 5 years.
Debt Coverage: 601390's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 601390's interest payments on its debt are well covered by EBIT (31.1x coverage).
Balance Sheet
Information is not available.
Information is not available.
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Dividend
What is China Railway Group's current dividend yield, its reliability and sustainability?
2.12%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: 601390's dividend (2.12%) is higher than the bottom 25% of dividend payers in the CN market (0.46%).
High Dividend: 601390's dividend (2.12%) is in the top 25% of dividend payers in the CN market (1.89%)
Stable Dividend: 601390 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601390's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.7%), 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 (16.2% payout ratio).
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Management
What is the CEO of China Railway Group's salary, the management and board of directors tenure and is there insider trading?
4.3yrs
Average management tenure
CEO
Zongyan Zhang (56yo)
4.3yrs
Tenure
CN¥1,150,000
Compensation
Mr. Zhang Zongyan serves as Chairman of China Railway Group Limited since August 25, 2019. Mr. Zhang had been the President of China Railway Group Limited since July 13, 2015 until August 25, 2019 and has ...
CEO Compensation Analysis
Information is not available.
Compensation vs Earnings: Zongyan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
4.3yrs
Average Tenure
53.5yo
Average Age
Experienced Management: 601390's management team is seasoned and experienced (4.3 years average tenure).
Board Age and Tenure
5.3yrs
Average Tenure
62yo
Average Age
Experienced Board: 601390's board of directors are considered experienced (5.3 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Yun Chen (56yo)
President
- Tenure: 0.2yrs
Tengqun Yu (49yo)
VP & General Counsel
- Tenure: 5.6yrs
Longbiao Lin (62yo)
Director of Internal Audit
- Tenure: 12.1yrs
- Compensation: CN¥245.00k
Chun Chung Tam (46yo)
Joint Company Secretary
- Tenure: 0yrs
Zongyan Zhang (56yo)
CEO & Chairman
- Tenure: 4.3yrs
- Compensation: CN¥1.15m
Xian Zhang (58yo)
VP & Director
- Tenure: 0yrs
- Compensation: CN¥1.12m
Liang Yang (50yo)
Chief Financial Officer
- Tenure: 5.6yrs
Wen He (54yo)
Head of the Finance Department & Secretary
- Tenure: 1.2yrs
Dun Kong (53yo)
Chief Engineer
- Tenure: 1.3yrs
Jiangqian Ma (50yo)
Chief Economist
- Tenure: 1.3yrs
Board Members
Timpson Chung (68yo)
Independent Non-Executive Director
- Tenure: 0yrs
- Compensation: CN¥131.00k
Zheng Qingzhi (66yo)
Independent Non-Executive Director
- Tenure: 5.3yrs
- Compensation: CN¥60.00k
Peizhang Guo (70yo)
Independent Non-Executive Director
- Tenure: 5.3yrs
- Compensation: CN¥60.00k
Zongyan Zhang (56yo)
CEO & Chairman
- Tenure: 4.3yrs
- Compensation: CN¥1.15m
Xian Zhang (58yo)
VP & Director
- Tenure: 0yrs
- Compensation: CN¥1.12m
Wenxin Chen (55yo)
Shareholder Representative Supervisor
- Tenure: 8.8yrs
- Compensation: CN¥498.00k
Liu Jianyuan (57yo)
Employee Representative Supervisor
- Tenure: 8.8yrs
- Compensation: CN¥406.00k
Baoman Wen (67yo)
Independent Non-Executive Director
- Tenure: 5.3yrs
- Compensation: CN¥60.00k
Zonglin Ma
Non-Executive Director
- Tenure: 0yrs
Huijia Zhang
Chairman of the Supervisory Committee
- Tenure: 1.3yrs
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¥140.796b
- Shares outstanding: 24.57b
- Website: https://www.crec.cn
Number of Employees
Location
- China Railway Group Limited
- Buliding No. 9
- Fuxing Road 69
- Beijing
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 601390 | SHSE (Shanghai Stock Exchange) | Yes | Domestic Shares | CN | CNY | Dec 2007 |
| 601390 | XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Dec 2007 |
| 390 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Foreign Shares-Foreign Listed | HK | HKD | Dec 2007 | |
| CRWO.F | OTCPK (Pink Sheets LLC) | Foreign Shares-Foreign Listed | US | USD | Dec 2007 | |
| CNO | DB (Deutsche Boerse AG) | Foreign Shares-Foreign Listed | DE | EUR | Dec 2007 | |
| 390 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Foreign Shares-Foreign Listed | HK | HKD | Dec 2007 | |
| 390 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Foreign Shares-Foreign Listed | HK | HKD | Dec 2007 | |
| CRWO.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Oct 2008 |
Biography
China Railway Group Limited, together with its subsidiaries, operates as an integrated construction company in the People’s Republic of China and other Asian countries. Its Infrastructure Construction segm ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/16 14:58 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.