SHSE:600007

Stock Analysis Report

China World Trade Center

Executive Summary

China World Trade Center Co., Ltd. operates commercial mixed-use developments in China.

Snowflake

Fundamentals

Solid track record established dividend payer.


Similar Companies

Share Price & News

How has China World Trade Center's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.2%

600007

-1.2%

CN Real Estate

-1.3%

CN Market


1 Year Return

21.5%

600007

24.3%

CN Real Estate

25.5%

CN Market


Shareholder returns

600007IndustryMarket
7 Day-0.2%-1.2%-1.3%
30 Day6.9%-0.3%-3.2%
90 Day9.6%-4.7%4.1%
1 Year24.3%21.5%27.9%24.3%27.7%25.5%
3 Year-6.9%-12.3%-14.5%-20.0%-11.1%-14.6%
5 Year76.3%62.6%40.0%29.2%38.2%30.0%

Price Volatility Vs. Market

How volatile is China World Trade Center's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is China World Trade Center undervalued compared to its fair value and its price relative to the market?

20.79x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 600007 (CN¥17.72) is trading above our estimate of fair value (CN¥16.63)

Significantly Below Fair Value: 600007 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 600007 is poor value based on its PE Ratio (20.8x) compared to the Real Estate industry average (12.5x).

PE vs Market: 600007 is good value based on its PE Ratio (20.8x) compared to the CN market (31.5x).


Price to Earnings Growth Ratio

PEG Ratio: 600007 is poor value based on its PEG Ratio (3.1x)


Price to Book Ratio

PB vs Industry: 600007 is overvalued based on its PB Ratio (2.5x) compared to the CN Real Estate industry average (1.2x).


Next Steps

Future Growth

How is China World Trade Center forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

6.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600007's forecast earnings growth (6.7% per year) is above the savings rate (2.7%).

Earnings vs Market: 600007's earnings (6.7% per year) are forecast to grow slower than the CN market (18.4% per year).

High Growth Earnings: 600007's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600007's revenue (9.2% per year) is forecast to grow slower than the CN market (15.2% per year).

High Growth Revenue: 600007's revenue (9.2% 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 World Trade Center performed over the past 5 years?

10.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 600007's earnings have grown by 10.4% per year over the past 5 years.

Accelerating Growth: 600007's earnings growth over the past year (15.5%) exceeds its 5-year average (10.4% per year).

Earnings vs Industry: 600007 earnings growth over the past year (15.5%) exceeded the Real Estate industry 12.5%.


Return on Equity

High ROE: 600007's Return on Equity (12.1%) is considered low.


Return on Assets

ROA vs Industry: 600007 has a higher Return on Assets than the Real Estate industry average last year.


Return on Capital Employed

ROCE Improving: 600007 has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is China World Trade Center's financial position?


Financial Position Analysis

Short Term Liabilities: 600007's short term assets (CN¥1.2B) do not cover its short term liabilities (CN¥2.1B)

Long Term Liabilities: 600007's short term assets (1.2B) do not cover its long term liabilities (2.2B)


Debt to Equity History and Analysis

Debt Level: 600007's debt to equity ratio (37.8%) is considered satisfactory

Reducing Debt: 600007's debt to equity ratio has reduced from 70.4% to 37.8% over the past 5 years.

Debt Coverage: 600007's debt is well covered by operating cash flow (54.9%).

Interest Coverage: 600007's interest payments on its debt are well covered by EBIT (10.3x coverage).


Balance Sheet

Information is not available.

Information is not available.


Next Steps

Dividend

What is China World Trade Center's current dividend yield, its reliability and sustainability?

1.81%

Current Dividend Yield


Dividend Yield vs Market

company1.8%marketbottom25%0.5%markettop25%1.9%industryaverage3.3%forecastin3Years2.1%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 600007's dividend (1.81%) is higher than the bottom 25% of dividend payers in the CN market (0.46%).

High Dividend: 600007's dividend (1.81%) is in the top 25% of dividend payers in the CN market (1.93%)

Stable Dividend: 600007's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600007's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.5%), 600007's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of China World Trade Center's salary, the management and board of directors tenure and is there insider trading?

8.9yrs

Average management tenure


CEO

Wei Tang (59yo)

8.9yrs

Tenure

CN¥2,710,000

Compensation

Mr. Wei Tang has been General Manager of China World Trade Center Co.,Ltd. since November 25, 2010. 


Management Age and Tenure

8.9yrs

Average Tenure

59yo

Average Age

Experienced Management: 600007's management team is seasoned and experienced (8.9 years average tenure).


Board Age and Tenure

5.1yrs

Average Tenure

65yo

Average Age

Experienced Board: 600007's board of directors are considered experienced (5.1 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

  • Kong Cheng Guo (63yo)

    Executive Director

    • Tenure: 14.8yrs
  • Rong Ming Zhong (59yo)

    Deputy General Manager

    • Tenure: 0yrs
    • Compensation: CN¥3.86m
  • Yan Fei Zhang (71yo)

    Vice Chairman

    • Tenure: 0yrs
    • Compensation: CN¥3.61m
  • Wei Tang (59yo)

    General Manager

    • Tenure: 8.9yrs
    • Compensation: CN¥2.71m
  • Jingjing Wang (54yo)

    Secretary of the Board of Directors

    • Tenure: 0yrs
    • Compensation: CN¥1.27m
  • Nan Chun Lin

    Deputy General Manager of Finance

    • Tenure: 10.9yrs
    • Compensation: CN¥2.15m
  • Huiguang Guo (40yo)

    Executive Director

    • Tenure: 4.5yrs
  • Yanping Chen

    Deputy Chair

    • Tenure: 2.6yrs
  • Mingzhi Lin

    Chairman of the Board

    • Tenure: 1.5yrs

Board Members

  • Ren Ke Lei (69yo)

    Independent Director

    • Tenure: 5.5yrs
    • Compensation: CN¥260.00k
  • Kong Cheng Guo (63yo)

    Executive Director

    • Tenure: 14.8yrs
  • Xiao Kang Huang (67yo)

    Director

    • Tenure: 14.8yrs
  • Bo Ya Zhao (62yo)

    Chairman of the Supervisory Board

    • Tenure: 0yrs
  • Yan Fei Zhang (71yo)

    Vice Chairman

    • Tenure: 0yrs
    • Compensation: CN¥3.61m
  • Yan Gao (59yo)

    Director

    • Tenure: 4.7yrs
  • Wei Guo Zhong (67yo)

    Independent Director

    • Tenure: 8.9yrs
    • Compensation: CN¥240.00k
  • Huiguang Guo (40yo)

    Executive Director

    • Tenure: 4.5yrs
  • Yanping Chen

    Deputy Chair

    • Tenure: 2.6yrs
  • Mingzhi Lin

    Chairman of the Board

    • Tenure: 1.5yrs

Company Information

China World Trade Center Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China World Trade Center Co., Ltd.
  • Ticker: 600007
  • Exchange: SHSE
  • Founded: 1985
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: CN¥17.809b
  • Shares outstanding: 1.01b
  • Website: https://www.cwtc.com

Number of Employees


Location

  • China World Trade Center Co., Ltd.
  • No.1 Jian Guo Men Wai Avenue
  • Chaoyang District
  • Beijing
  • 100004
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
600007SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYMar 1999
600007XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYMar 1999

Biography

China World Trade Center Co., Ltd. operates commercial mixed-use developments in China. The company’s property portfolio includes China World Offices that provides office spaces; China World Mall with appr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 14:39
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.