SHSE:600215

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Changchun jingkai Group

Market Cap

CN¥2.8b

Last Updated

2021/07/29 15:21 UTC

Data Sources

Company Financials

Executive Summary

Changchun jingkai Group Co., Ltd engages in the real estate development and infrastructure construction businesses in China. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has Changchun jingkai Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600215 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 600215's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of CN stocks.


Market Performance


7 Day Return

-5.8%

600215

-7.9%

CN Real Estate

-3.8%

CN Market


1 Year Return

16.4%

600215

-26.3%

CN Real Estate

4.1%

CN Market

Return vs Industry: 600215 exceeded the CN Real Estate industry which returned -26.5% over the past year.

Return vs Market: 600215 exceeded the CN Market which returned 2.6% over the past year.


Shareholder returns

600215IndustryMarket
7 Day-5.8%-7.9%-3.8%
30 Day-23.8%-11.7%-3.8%
90 Day-12.0%-15.1%1.8%
1 Year18.0%16.4%-24.1%-26.3%5.6%4.1%
3 Year-10.4%-13.1%-6.3%-14.5%57.7%49.7%
5 Year-8.6%-11.5%-25.7%-33.6%28.0%19.0%

Long-Term Price Volatility Vs. Market

How volatile is Changchun jingkai Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Changchun jingkai Group undervalued compared to its fair value and its price relative to the market?

25.03x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 600215 (CN¥6.32) is trading above our estimate of fair value (CN¥1.07)

Significantly Below Fair Value: 600215 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 600215 is poor value based on its PE Ratio (25x) compared to the CN Real Estate industry average (13.3x).

PE vs Market: 600215 is good value based on its PE Ratio (25x) compared to the CN market (30.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 600215's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 600215 is overvalued based on its PB Ratio (1.1x) compared to the CN Real Estate industry average (0.9x).


Future Growth

How is Changchun jingkai Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.5%

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 Changchun jingkai Group 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.


Past Performance

How has Changchun jingkai Group performed over the past 5 years?

26.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600215 has high quality earnings.

Growing Profit Margin: 600215's current net profit margins (51.9%) are higher than last year (24.1%).


Past Earnings Growth Analysis

Earnings Trend: 600215 has become profitable over the past 5 years, growing earnings by 26.6% per year.

Accelerating Growth: 600215's earnings growth over the past year (216.7%) exceeds its 5-year average (26.6% per year).

Earnings vs Industry: 600215 earnings growth over the past year (216.7%) exceeded the Real Estate industry 9.2%.


Return on Equity

High ROE: 600215's Return on Equity (4.5%) is considered low.


Financial Health

How is Changchun jingkai Group's financial position?


Financial Position Analysis

Short Term Liabilities: 600215's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥283.7M).

Long Term Liabilities: 600215's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥4.5M).


Debt to Equity History and Analysis

Debt Level: 600215 is debt free.

Reducing Debt: 600215 has no debt compared to 5 years ago when its debt to equity ratio was 25.3%.

Debt Coverage: 600215 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 600215 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Changchun jingkai Group current dividend yield, its reliability and sustainability?

1.50%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600215's dividend (1.5%) is higher than the bottom 25% of dividend payers in the CN market (0.44%).

High Dividend: 600215's dividend (1.5%) is low compared to the top 25% of dividend payers in the CN market (1.95%).


Stability and Growth of Payments

Stable Dividend: 600215 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 600215's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.6%), 600215'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

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

3.0yrs

Average management tenure


CEO

Wei Yong Ni (55 yo)

3yrs

Tenure

Mr. Wei Yong Ni has been a General Manager and Director at Changchun jingkai Group Co., Ltd since July 24, 2018.


Leadership Team

Experienced Management: 600215's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: 600215's board of directors are considered experienced (3 years average tenure).


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

Changchun jingkai Group Co., Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Changchun jingkai Group Co., Ltd
  • Ticker: 600215
  • Exchange: SHSE
  • Founded: 1993
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: CN¥2.772b
  • Shares outstanding: 438.57m
  • Website: https://www.ccjk600215.com

Number of Employees


Location

  • Changchun jingkai Group Co., Ltd
  • Economic and Technological Development Zone No. 5188
  • Freedom of the Road
  • Changchun
  • Jilin Province
  • 130031
  • China

Listings


Biography

Changchun jingkai Group Co., Ltd engages in the real estate development and infrastructure construction businesses in China. It is involved in the commercial and residential land development activities. Th...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/29 15:21
End of Day Share Price2021/07/29 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.