China Fortune Land Development Co., Ltd. engages in the investment, development, construction, and operation of new industrial cities and commercial real estate in China, Indonesia, and internationally. More Details
Fair value with moderate growth potential.
Share Price & News
How has China Fortune Land Development's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 600340 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 600340's weekly volatility (6%) has been stable over the past year.
7 Day Return
CN Real Estate
1 Year Return
CN Real Estate
Return vs Industry: 600340 underperformed the CN Real Estate industry which returned -26.5% over the past year.
Return vs Market: 600340 underperformed the CN Market which returned 3.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is China Fortune Land Development's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is China Fortune Land Development undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 600340 (CN¥4.33) is trading below our estimate of fair value (CN¥49.79)
Significantly Below Fair Value: 600340 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 600340 is unprofitable, so we can't compare its PE Ratio to the CN Real Estate industry average.
PE vs Market: 600340 is unprofitable, so we can't compare its PE Ratio to the CN market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 600340's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 600340 is good value based on its PB Ratio (0.3x) compared to the CN Real Estate industry average (0.9x).
How is China Fortune Land Development forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600340 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.3%).
Earnings vs Market: 600340 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 600340's is expected to become profitable in the next 3 years.
Revenue vs Market: 600340's revenue (9.3% per year) is forecast to grow slower than the CN market (18% per year).
High Growth Revenue: 600340's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 600340's Return on Equity is forecast to be high in 3 years time
How has China Fortune Land Development performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600340 is currently unprofitable.
Growing Profit Margin: 600340 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 600340 is unprofitable, but has reduced losses over the past 5 years at a rate of 6.2% per year.
Accelerating Growth: Unable to compare 600340's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 600340 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (9.2%).
Return on Equity
High ROE: 600340 has a negative Return on Equity (-2.29%), as it is currently unprofitable.
How is China Fortune Land Development's financial position?
Financial Position Analysis
Short Term Liabilities: 600340's short term assets (CN¥433.6B) exceed its short term liabilities (CN¥292.6B).
Long Term Liabilities: 600340's short term assets (CN¥433.6B) exceed its long term liabilities (CN¥102.6B).
Debt to Equity History and Analysis
Debt Level: 600340's debt to equity ratio (212.2%) is considered high.
Reducing Debt: 600340's debt to equity ratio has increased from 170.2% to 212.2% over the past 5 years.
Debt Coverage: 600340's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600340's interest payments on its debt are not well covered by EBIT (1x coverage).
What is China Fortune Land Development current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 600340's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 600340'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 600340's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 600340's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 600340 is not paying a notable dividend for the CN market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 600340'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?
Average management tenure
Xiangdong Wu (54 yo)
Mr. Xiangdong Wu serves as the Chief Executive Officer, President and Director at China Fortune Land Development Co., Ltd. since February 19, 2019, its Co-Chairman since March 18, 2019. He has been an Inde...
Experienced Management: 600340's management team is considered experienced (2.5 years average tenure).
Experienced Board: 600340's board of directors are considered experienced (7.6 years average tenure).
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: Shareholders have not been meaningfully diluted in the past year.
China Fortune Land Development Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: China Fortune Land Development Co., Ltd.
- Ticker: 600340
- Exchange: SHSE
- Founded: 1998
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: CN¥16.944b
- Shares outstanding: 3.91b
- Website: https://www.cfldcn.com
Number of Employees
- China Fortune Land Development Co., Ltd.
- Jiacheng Plaza
- 9th Floor, Block A
China Fortune Land Development Co., Ltd. engages in the investment, development, construction, and operation of new industrial cities and commercial real estate in China, Indonesia, and internationally. Th...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/31 09:23|
|End of Day Share Price||2021/07/30 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.