SHSE:600246

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Beijing Vantone Real Estate

Market Cap

CN¥15.8b

Last Updated

2021/07/31 09:13 UTC

Data Sources

Company Financials

Executive Summary

Beijing Vantone Real Estate Co., Ltd., together with its subsidiaries, engages in the development and sale of residential and commercial properties. More Details

Rewards

Trading at 62.1% below our estimate of its fair value

Earnings grew by 20.8% over the past year

Risk Analysis

No risks detected for 600246 from our risk checks.


Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

How has Beijing Vantone Real Estate's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600246 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 600246's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-0.4%

600246

-7.6%

CN Real Estate

-3.8%

CN Market


1 Year Return

-6.6%

600246

-26.5%

CN Real Estate

3.6%

CN Market

Return vs Industry: 600246 exceeded the CN Real Estate industry which returned -26.5% over the past year.

Return vs Market: 600246 underperformed the CN Market which returned 3.6% over the past year.


Shareholder returns

600246IndustryMarket
7 Day-0.4%-7.6%-3.8%
30 Day-7.1%-13.3%-3.8%
90 Day10.2%-15.2%1.5%
1 Year-6.6%-6.6%-24.3%-26.5%5.1%3.6%
3 Year100.1%95.0%-6.0%-14.2%58.3%50.3%
5 Year61.4%57.3%-25.8%-33.7%28.2%19.2%

Long-Term Price Volatility Vs. Market

How volatile is Beijing Vantone Real Estate's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Beijing Vantone Real Estate undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 600246 (CN¥8.13) is trading below our estimate of fair value (CN¥21.45)

Significantly Below Fair Value: 600246 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 600246 is poor value based on its PE Ratio (33.6x) compared to the CN Real Estate industry average (13.3x).

PE vs Market: 600246 is poor value based on its PE Ratio (33.6x) compared to the CN market (31.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 600246's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 600246 is overvalued based on its PB Ratio (2.2x) compared to the CN Real Estate industry average (0.9x).


Future Growth

How is Beijing Vantone Real Estate 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 Beijing Vantone Real Estate 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 Beijing Vantone Real Estate performed over the past 5 years?

31.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600246 has high quality earnings.

Growing Profit Margin: 600246's current net profit margins (37.9%) are higher than last year (32.9%).


Past Earnings Growth Analysis

Earnings Trend: 600246 has become profitable over the past 5 years, growing earnings by 31.6% per year.

Accelerating Growth: 600246's earnings growth over the past year (20.8%) is below its 5-year average (31.6% per year).

Earnings vs Industry: 600246 earnings growth over the past year (20.8%) exceeded the Real Estate industry 9.2%.


Return on Equity

High ROE: 600246's Return on Equity (6.5%) is considered low.


Financial Health

How is Beijing Vantone Real Estate's financial position?


Financial Position Analysis

Short Term Liabilities: 600246's short term assets (CN¥5.5B) exceed its short term liabilities (CN¥1.4B).

Long Term Liabilities: 600246's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥2.2B).


Debt to Equity History and Analysis

Debt Level: 600246's debt to equity ratio (29.8%) is considered satisfactory.

Reducing Debt: 600246's debt to equity ratio has reduced from 139.2% to 29.8% over the past 5 years.

Debt Coverage: 600246's debt is well covered by operating cash flow (42.6%).

Interest Coverage: 600246 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Beijing Vantone Real Estate current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 600246's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 600246'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 600246's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 600246's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 600246 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 600246'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?

CN¥3m

CEO Compensation


CEO

Hong Li

no data

Tenure

CN¥2,629,200

Compensation

Ms. Hong Li serves as CEO and Director of Beijing Vantone Real Estate Co., Ltd.


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

Beijing Vantone Real Estate Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Beijing Vantone Real Estate Co., Ltd.
  • Ticker: 600246
  • Exchange: SHSE
  • Founded: 1998
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: CN¥15.820b
  • Shares outstanding: 1.95b
  • Website: https://www.vantone.com

Number of Employees


Location

  • Beijing Vantone Real Estate Co., Ltd.
  • Vantone Center
  • Building D, 4th Floor
  • Beijing
  • 100020
  • China

Listings


Biography

Beijing Vantone Real Estate Co., Ltd., together with its subsidiaries, engages in the development and sale of residential and commercial properties. It operates under the New Homeland Series, International...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/31 09:13
End of Day Share Price2021/07/30 00:00
Earnings2021/06/30
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.