SHSE:600052

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Zhejiang Guangsha Co., Ltd. engages in the real estate development business in China. More Details


Snowflake Analysis

Flawless balance sheet second-rate dividend payer.

Share Price & News

How has Zhejiang Guangsha's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600052 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 600052's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-1.0%

600052

-0.5%

CN Real Estate

2.9%

CN Market


1 Year Return

-44.0%

600052

-6.0%

CN Real Estate

31.8%

CN Market

Return vs Industry: 600052 underperformed the CN Real Estate industry which returned -6% over the past year.

Return vs Market: 600052 underperformed the CN Market which returned 31.8% over the past year.


Shareholder returns

600052IndustryMarket
7 Day-1.0%-0.5%2.9%
30 Day-2.1%-1.6%7.2%
90 Day-8.1%-7.0%11.5%
1 Year-42.5%-44.0%-2.9%-6.0%34.0%31.8%
3 Year-24.5%-28.4%-26.6%-32.6%23.1%17.0%
5 Year-44.8%-47.6%-3.4%-13.8%51.6%41.1%

Long-Term Price Volatility Vs. Market

How volatile is Zhejiang Guangsha's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Zhejiang Guangsha undervalued compared to its fair value and its price relative to the market?

72.72x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 600052 (CN¥2.83) is trading above our estimate of fair value (CN¥0.97)

Significantly Below Fair Value: 600052 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 600052 is poor value based on its PE Ratio (72.7x) compared to the CN Real Estate industry average (14.8x).

PE vs Market: 600052 is poor value based on its PE Ratio (72.7x) compared to the CN market (35.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 600052's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 600052 is good value based on its PB Ratio (0.7x) compared to the CN Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Zhejiang Guangsha forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.2%

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 Zhejiang Guangsha 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.


Next Steps

Past Performance

How has Zhejiang Guangsha performed over the past 5 years?

56.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600052 has a large one-off loss of CN¥71.9M impacting its September 30 2020 financial results.

Growing Profit Margin: 600052's current net profit margins (17.2%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: 600052 has become profitable over the past 5 years, growing earnings by 56.7% per year.

Accelerating Growth: 600052's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 600052 had negative earnings growth (-97.2%) over the past year, making it difficult to compare to the Real Estate industry average (-4.1%).


Return on Equity

High ROE: 600052's Return on Equity (1%) is considered low.


Next Steps

Financial Health

How is Zhejiang Guangsha's financial position?


Financial Position Analysis

Short Term Liabilities: 600052's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥362.6M).

Long Term Liabilities: 600052's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥111.9M).


Debt to Equity History and Analysis

Debt Level: 600052 is debt free.

Reducing Debt: 600052 has no debt compared to 5 years ago when its debt to equity ratio was 279.3%.

Debt Coverage: 600052 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 600052 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Zhejiang Guangsha current dividend yield, its reliability and sustainability?

3.44%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600052's dividend (3.44%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 600052's dividend (3.44%) is in the top 25% of dividend payers in the CN market (1.81%)


Stability and Growth of Payments

Stable Dividend: 600052's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600052's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (250%), 600052's dividend payments are not 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

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


CEO

Han Wen Zhang

no data

Tenure

Mr. Han Wen Zhang serves as General Manager of Zhejiang Guangsha Co., Ltd. and served as its Chairman until March 2017.


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

Zhejiang Guangsha Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zhejiang Guangsha Co., Ltd.
  • Ticker: 600052
  • Exchange: SHSE
  • Founded: 1993
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: CN¥2.389b
  • Shares outstanding: 844.19m
  • Website: https://www.gsgf.com

Number of Employees


Location

  • Zhejiang Guangsha Co., Ltd.
  • Ming Ming Building
  • 15th Floor
  • Hangzhou
  • Zhejiang Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
600052SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYJul 1999

Biography

Zhejiang Guangsha Co., Ltd. engages in the real estate development business in China. It also operates a five-star hotel. The company was founded in 1993 and is based in Hangzhou, China.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 09:23
End of Day Share Price2021/01/22 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.