Gemdale
Market Cap
CN¥52.9b
Last Updated
2021/01/26 09:21 UTC
Data Sources
Company Financials +
Executive Summary
Gemdale Corporation engages in real estate business in China and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued established dividend payer.
Similar Companies
Share Price & News
How has Gemdale's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 600383 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 600383's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-10.6%
600383
-3.4%
CN Real Estate
1.9%
CN Market
1 Year Return
-11.3%
600383
-7.2%
CN Real Estate
32.4%
CN Market
Return vs Industry: 600383 underperformed the CN Real Estate industry which returned -7.2% over the past year.
Return vs Market: 600383 underperformed the CN Market which returned 32.4% over the past year.
Shareholder returns
| 600383 | Industry | Market | |
|---|---|---|---|
| 7 Day | -10.6% | -3.4% | 1.9% |
| 30 Day | -12.5% | -1.7% | 7.6% |
| 90 Day | -13.5% | -6.3% | 11.5% |
| 1 Year | -7.6%-11.3% | -4.2%-7.2% | 34.6%32.4% |
| 3 Year | -12.2%-24.1% | -26.7%-32.8% | 25.4%19.1% |
| 5 Year | -7.3%-27.5% | -3.7%-14.0% | 54.1%43.5% |
Long-Term Price Volatility Vs. Market
How volatile is Gemdale's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Gemdale undervalued compared to its fair value and its price relative to the market?
47.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 600383 (CN¥11.68) is trading below our estimate of fair value (CN¥22.11)
Significantly Below Fair Value: 600383 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 600383 is good value based on its PE Ratio (5.5x) compared to the CN Real Estate industry average (14.4x).
PE vs Market: 600383 is good value based on its PE Ratio (5.5x) compared to the CN market (34.5x).
Price to Earnings Growth Ratio
PEG Ratio: 600383 is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: 600383's PB Ratio (1x) is in line with the CN Real Estate industry average.
Next Steps
Future Growth
How is Gemdale forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
14.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600383's forecast earnings growth (14.3% per year) is above the savings rate (3.3%).
Earnings vs Market: 600383's earnings (14.3% per year) are forecast to grow slower than the CN market (24.5% per year).
High Growth Earnings: 600383's earnings are forecast to grow, but not significantly.
Revenue vs Market: 600383's revenue (21.8% per year) is forecast to grow faster than the CN market (18.4% per year).
High Growth Revenue: 600383's revenue (21.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600383's Return on Equity is forecast to be low in 3 years time (17.9%).
Next Steps
Past Performance
How has Gemdale performed over the past 5 years?
19.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600383 has high quality earnings.
Growing Profit Margin: 600383's current net profit margins (15.8%) are higher than last year (14%).
Past Earnings Growth Analysis
Earnings Trend: 600383's earnings have grown by 19.2% per year over the past 5 years.
Accelerating Growth: 600383's earnings growth over the past year (16.2%) is below its 5-year average (19.2% per year).
Earnings vs Industry: 600383 earnings growth over the past year (16.2%) exceeded the Real Estate industry -4.1%.
Return on Equity
High ROE: 600383's Return on Equity (19.8%) is considered low.
Next Steps
Financial Health
How is Gemdale's financial position?
Financial Position Analysis
Short Term Liabilities: 600383's short term assets (CN¥304.0B) exceed its short term liabilities (CN¥230.0B).
Long Term Liabilities: 600383's short term assets (CN¥304.0B) exceed its long term liabilities (CN¥67.7B).
Debt to Equity History and Analysis
Debt Level: 600383's debt to equity ratio (136.6%) is considered high.
Reducing Debt: 600383's debt to equity ratio has increased from 96.6% to 136.6% over the past 5 years.
Debt Coverage: 600383's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: 600383 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Gemdale current dividend yield, its reliability and sustainability?
5.74%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600383's dividend (5.74%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).
High Dividend: 600383's dividend (5.74%) is in the top 25% of dividend payers in the CN market (1.84%)
Stability and Growth of Payments
Stable Dividend: 600383's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600383's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.3%), 600383's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 600383's dividends in 3 years are forecast to be well covered by earnings (32.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Juncan Huang (49 yo)
4.25yrs
Tenure
CN¥8,250,000
Compensation
Mr. Juncan Huang has been the Chief Executive Officer of Gemdale Corporation since October 17, 2016 and served as its President since July 2010 until October 17, 2016 and an in charge of its whole operatio...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Director | 4.25yrs | CN¥8.25m | no data | |
| Senior VP | no data | CN¥4.04m | no data | |
| Senior VP & Director | no data | CN¥4.40m | no data | |
| Senior VP and Chairman & GM of Gemdale RE Central China | no data | CN¥4.94m | no data | |
| Senior VP and Chairman & GM of Gemdale RE North China | 4.25yrs | CN¥4.34m | no data | |
| Senior VP | no data | CN¥3.97m | no data | |
| Chief Capital Officer | no data | no data | no data | |
| President of Gemdale U.S.A | 4.25yrs | no data | no data | |
| General Manager of Gemdale RE Northeast China | 4.25yrs | no data | no data | |
| General Manager of Cost Management Department | 4.25yrs | CN¥1.08m | no data |
4.3yrs
Average Tenure
50.5yo
Average Age
Experienced Management: 600383's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Director | 4.25yrs | CN¥8.25m | no data | |
| Senior VP | no data | CN¥4.04m | no data | |
| Senior VP & Director | no data | CN¥4.40m | no data | |
| Senior VP and Chairman & GM of Gemdale RE Central China | no data | CN¥4.94m | no data | |
| Senior VP and Chairman & GM of Gemdale RE North China | 4.25yrs | CN¥4.34m | no data | |
| Senior VP | no data | CN¥3.97m | no data | |
| Chairman of the Board | no data | CN¥9.91m | no data | |
| Chairman of Board of Supervisors | no data | CN¥2.91m | no data | |
| Chairman of Gemdale Property | no data | no data | no data | |
| VP and Chairman & GM of Gemdale RE South China | 4.25yrs | CN¥4.07m | no data | |
| VP and Chairman of Gemdale RE Northeast & Northwest China | 4.25yrs | CN¥6.59m | no data | |
| VP and Chairman & GM of Gemdale RE East China | 4.25yrs | CN¥3.29m | no data |
4.3yrs
Average Tenure
53.5yo
Average Age
Experienced Board: 600383's board of directors are considered experienced (4.3 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
Gemdale Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Gemdale Corporation
- Ticker: 600383
- Exchange: SHSE
- Founded: 1988
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: CN¥52.911b
- Shares outstanding: 4.51b
- Website: https://www.gemdale.com
Number of Employees
Location
- Gemdale Corporation
- 32/F, Gemdale Center
- No. 2007 Shennan Boulevard
- Shenzhen
- Guangdong Province
- 518026
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 600383 | SHSE (Shanghai Stock Exchange) | Yes | Domestic Shares | CN | CNY | Apr 2001 |
| 600383 | XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Apr 2001 |
Biography
Gemdale Corporation engages in real estate business in China and internationally. The company engages in development, sale, and operation of residential and commercial properties, such as apartments, bouti...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 09:21 |
| End of Day Share Price | 2021/01/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.