SZSE:002163

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Hainan Development Holdings Nanhai

Executive Summary

Hainan Development Holdings Nanhai Co., Ltd. More Details


Snowflake Analysis

Adequate balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Hainan Development Holdings Nanhai's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002163 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 002163's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-5.6%

2163

0.2%

CN Construction

-6.4%

CN Market


1 Year Return

198.4%

2163

-5.5%

CN Construction

26.5%

CN Market

Return vs Industry: 002163 exceeded the CN Construction industry which returned -5.5% over the past year.

Return vs Market: 002163 exceeded the CN Market which returned 26.5% over the past year.


Shareholder returns

2163IndustryMarket
7 Day-5.6%0.2%-6.4%
30 Day-7.7%5.1%-1.0%
90 Day-9.1%-7.4%3.1%
1 Year198.4%198.4%-3.3%-5.5%28.5%26.5%
3 Yearn/a-27.1%-31.2%27.9%21.6%
5 Year142.1%142.1%-12.5%-19.7%44.1%34.1%

Long-Term Price Volatility Vs. Market

How volatile is Hainan Development Holdings Nanhai's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Hainan Development Holdings Nanhai undervalued compared to its fair value and its price relative to the market?

150.72x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 002163 (CN¥18.35) is trading above our estimate of fair value (CN¥8.64)

Significantly Below Fair Value: 002163 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 002163 is poor value based on its PE Ratio (150.7x) compared to the CN Construction industry average (17.9x).

PE vs Market: 002163 is poor value based on its PE Ratio (150.7x) compared to the CN market (34.1x).


Price to Earnings Growth Ratio

PEG Ratio: 002163's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 002163 is overvalued based on its PB Ratio (20.6x) compared to the CN Construction industry average (1.3x).


Next Steps

Future Growth

How is Hainan Development Holdings Nanhai forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-12.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002163's earnings are forecast to decline over the next 3 years (-12.5% per year).

Earnings vs Market: 002163's earnings are forecast to decline over the next 3 years (-12.5% per year).

High Growth Earnings: 002163's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 002163's revenue (11.5% per year) is forecast to grow slower than the CN market (18.3% per year).

High Growth Revenue: 002163's revenue (11.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 002163's Return on Equity is forecast to be low in 3 years time (7.5%).


Next Steps

Past Performance

How has Hainan Development Holdings Nanhai performed over the past 5 years?

78.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002163 has a large one-off gain of CN¥35.8M impacting its September 30 2020 financial results.

Growing Profit Margin: 002163's current net profit margins (2.1%) are higher than last year (1.8%).


Past Earnings Growth Analysis

Earnings Trend: 002163 has become profitable over the past 5 years, growing earnings by 78.8% per year.

Accelerating Growth: 002163's earnings growth over the past year (14.5%) is below its 5-year average (78.8% per year).

Earnings vs Industry: 002163 earnings growth over the past year (14.5%) exceeded the Construction industry 0.2%.


Return on Equity

High ROE: 002163's Return on Equity (13.1%) is considered low.


Next Steps

Financial Health

How is Hainan Development Holdings Nanhai's financial position?


Financial Position Analysis

Short Term Liabilities: 002163's short term assets (CN¥2.9B) do not cover its short term liabilities (CN¥3.5B).

Long Term Liabilities: 002163's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥84.0M).


Debt to Equity History and Analysis

Debt Level: 002163's debt to equity ratio (96%) is considered high.

Reducing Debt: 002163's debt to equity ratio has reduced from 223.3% to 96% over the past 5 years.

Debt Coverage: 002163's debt is well covered by operating cash flow (55.7%).

Interest Coverage: 002163's interest payments on its debt are well covered by EBIT (3.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Hainan Development Holdings Nanhai current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 002163's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 002163's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 002163's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 002163's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 002163 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 002163's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.7yrs

Average board tenure


CEO

Zhu Qianghua

8yrs

Tenure

CN¥552,000

Compensation

Mr. Zhu Qianghua has been the Chairman of the board at Hainan Development Holdings Nanhai Co., Ltd. (formerly known as AVIC Sanxin Co., Ltd.)., since October 15, 2012., and has been its General manager sin...


Board Members

NamePositionTenureCompensationOwnership
Zhu Qianghua
Chairman and General Manager8yrsCN¥552.00kno data
Yang Lin
Chairman of The Supervisory Boardno datano datano data
Zhang Song
Supervisor8.33yrsno datano data
Ran Tuo
Supervisor8.33yrsno datano data
Jun Zhou
Non-Independent Director7yrsno datano data
Jun Ma
Non-Independent Director0.67yrno datano data
Hongbin Liu
Independent Director0.67yrno datano data
Ying He
Independent Director0.67yrno datano data
Bao Liu
Non-Independent Director0.67yrno datano data
Tingyan Liu
Independent Director0.67yrno datano data
Ren Kai
Non-Independent Director0.67yrno datano data
Gang Liu
Non-Independent Director0.67yrno datano data

0.7yrs

Average Tenure

Experienced Board: 002163's board of directors are not considered experienced ( 0.7 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

Hainan Development Holdings Nanhai Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hainan Development Holdings Nanhai Co., Ltd.
  • Ticker: 2163
  • Exchange: SZSE
  • Founded: 1995
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: CN¥14.745b
  • Shares outstanding: 803.55m
  • Website: https://www.sanxinglass.com

Number of Employees


Location

  • Hainan Development Holdings Nanhai Co., Ltd.
  • Xinbaohui Building
  • 17th Floor
  • Shenzhen
  • Guangdong Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2163SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYAug 2007
2163XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYAug 2007

Biography

Hainan Development Holdings Nanhai Co., Ltd. manufactures, sells, and installs specialty glass, aviation materials, and PV curtain walls in China and internationally. The company offers glass products, inc...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/28 09:09
End of Day Share Price2021/02/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.