No business description
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥9.88|
|52 Week High||CN¥8.24|
|52 Week Low||CN¥9.88|
|1 Month Change||9.33%|
|3 Month Change||12.07%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||7.92%|
Recent News & Updates
|508001||CN REITs||CN Market|
Return vs Industry: Insufficient data to determine how 508001 performed against the CN REITs industry.
Return vs Market: Insufficient data to determine how 508001 performed against the CN Market.
Stable Share Price: 508001 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: Insufficient data to determine 508001's volatility change over the past year.
About the Company
Zheshang Securities Zhejiang Expressway Fundamentals Summary
|508001 fundamental statistics|
Is 508001 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|508001 income statement (TTM)|
|Cost of Revenue||CN¥418.90m|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||0.0019|
|Net Profit Margin||1.28%|
How did 508001 perform over the long term?See historical performance and comparison
Is Zheshang Securities Zhejiang Expressway undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 508001 (CN¥9.88) is trading above our estimate of fair value (CN¥2.4)
Significantly Below Fair Value: 508001 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 508001 is poor value based on its PE Ratio (5226.5x) compared to the Asian REITs industry average (22.5x).
PE vs Market: 508001 is poor value based on its PE Ratio (5226.5x) compared to the CN market (35.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 508001's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 508001 is overvalued based on its PB Ratio (13.6x) compared to the XA REITs industry average (1.1x).
How is Zheshang Securities Zhejiang Expressway forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Zheshang Securities Zhejiang Expressway has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Zheshang Securities Zhejiang Expressway performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: 508001 has a large one-off loss of CN¥5.3M impacting its December 31 2020 financial results.
Growing Profit Margin: 508001's current net profit margins (1.3%) are lower than last year (15.7%).
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if 508001's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare 508001's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: 508001 had negative earnings growth (-93.6%) over the past year, making it difficult to compare to the REITs industry average (-23.5%).
Return on Equity
High ROE: 508001's Return on Equity (0.3%) is considered low.
How is Zheshang Securities Zhejiang Expressway's financial position?
Financial Position Analysis
Short Term Liabilities: 508001's short term assets (CN¥187.8M) do not cover its short term liabilities (CN¥619.9M).
Long Term Liabilities: 508001's short term assets (CN¥187.8M) exceed its long term liabilities (CN¥21.8M).
Debt to Equity History and Analysis
Debt Level: 508001's debt to equity ratio (22.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 508001's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 508001's debt is well covered by operating cash flow (59.3%).
Interest Coverage: 508001's interest payments on its debt are not well covered by EBIT (1.6x coverage).
What is Zheshang Securities Zhejiang Expressway current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 508001's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 508001'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 508001's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 508001's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 508001's dividend in 3 years as they are not forecast to pay a notable one for the CN market.
How experienced are the management team and are they aligned to shareholders interests?
Zheshang Securities Zhejiang Expressway has no CEO, or we have no data on them.
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.
Dilution of Shares: 508001 only recently listed within the past 12 months.
Zheshang Securities Zhejiang Expressway's employee growth, exchange listings and data sources
- Name: Zheshang Securities Zhejiang Expressway
- Ticker: 508001
- Exchange: SHSE
- Founded: NaN
- Industry: Specialized REITs
- Sector: Real Estate
- Market Cap: CN¥30.640b
- Shares outstanding: 3.10b
- Zheshang Securities Zhejiang Expressway
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 15:44|
|End of Day Share Price||2021/09/24 00:00|
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.