SHSE:600415

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Zhejiang China Commodities City Group

Executive Summary

Zhejiang China Commodities City Group Co., Ltd. More Details


Snowflake Analysis

Proven track record with moderate growth potential.

Share Price & News

How has Zhejiang China Commodities City Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600415 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 600415's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-1.8%

600415

3.4%

CN Real Estate

0.5%

CN Market


1 Year Return

39.1%

600415

-7.0%

CN Real Estate

25.8%

CN Market

Return vs Industry: 600415 exceeded the CN Real Estate industry which returned -7% over the past year.

Return vs Market: 600415 exceeded the CN Market which returned 25.8% over the past year.


Shareholder returns

600415IndustryMarket
7 Day-1.8%3.4%0.5%
30 Day12.4%-0.5%4.7%
90 Day-5.1%-4.8%8.1%
1 Year40.4%39.1%-4.0%-7.0%27.9%25.8%
3 Year-6.0%-9.9%-24.8%-30.9%21.3%15.3%
5 Year1.7%-4.1%-0.2%-10.9%49.4%39.2%

Long-Term Price Volatility Vs. Market

How volatile is Zhejiang China Commodities City Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Zhejiang China Commodities City Group undervalued compared to its fair value and its price relative to the market?

22.62x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 600415 (CN¥5.44) is trading above our estimate of fair value (CN¥0.75)

Significantly Below Fair Value: 600415 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 600415 is poor value based on its PE Ratio (22.6x) compared to the CN Real Estate industry average (14.7x).

PE vs Market: 600415 is good value based on its PE Ratio (22.6x) compared to the CN market (35.4x).


Price to Earnings Growth Ratio

PEG Ratio: 600415 is poor value based on its PEG Ratio (2.5x)


Price to Book Ratio

PB vs Industry: 600415 is overvalued based on its PB Ratio (2.2x) compared to the CN Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Zhejiang China Commodities City Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

9.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600415's forecast earnings growth (9.1% per year) is above the savings rate (3.3%).

Earnings vs Market: 600415's earnings (9.1% per year) are forecast to grow slower than the CN market (24.3% per year).

High Growth Earnings: 600415's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600415's revenue (27.8% per year) is forecast to grow faster than the CN market (18.2% per year).

High Growth Revenue: 600415's revenue (27.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 600415's Return on Equity is forecast to be low in 3 years time (9.4%).


Next Steps

Past Performance

How has Zhejiang China Commodities City Group performed over the past 5 years?

4.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600415 has a high level of non-cash earnings.

Growing Profit Margin: 600415's current net profit margins (32.8%) are higher than last year (18.5%).


Past Earnings Growth Analysis

Earnings Trend: 600415's earnings have grown by 4.7% per year over the past 5 years.

Accelerating Growth: 600415's earnings growth over the past year (78.7%) exceeds its 5-year average (4.7% per year).

Earnings vs Industry: 600415 earnings growth over the past year (78.7%) exceeded the Real Estate industry -3.3%.


Return on Equity

High ROE: 600415's Return on Equity (9.9%) is considered low.


Next Steps

Financial Health

How is Zhejiang China Commodities City Group's financial position?


Financial Position Analysis

Short Term Liabilities: 600415's short term assets (CN¥8.6B) do not cover its short term liabilities (CN¥9.3B).

Long Term Liabilities: 600415's short term assets (CN¥8.6B) exceed its long term liabilities (CN¥4.2B).


Debt to Equity History and Analysis

Debt Level: 600415's debt to equity ratio (72.6%) is considered high.

Reducing Debt: 600415's debt to equity ratio has reduced from 93.4% to 72.6% over the past 5 years.

Debt Coverage: 600415's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 600415 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Zhejiang China Commodities City Group current dividend yield, its reliability and sustainability?

1.29%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600415's dividend (1.29%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 600415's dividend (1.29%) is low compared to the top 25% of dividend payers in the CN market (1.79%).


Stability and Growth of Payments

Stable Dividend: 600415 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 600415's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.1%), 600415's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 600415's dividends in 3 years are forecast to be well covered by earnings (27.7% payout ratio).


Next Steps

Management

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

3.5yrs

Average management tenure


CEO

Dong Wang (48 yo)

1.92yrs

Tenure

Mr. Wang Dong has been Deputy Secretary, General Manager and Vice Chairman of Zhejiang China Commodities City Group Co., Ltd. since March 2019 and has been its Director since February 20, 2019.


Leadership Team

NamePositionTenureCompensationOwnership
Dong Wang
Deputy Secretary1.92yrsno data0.0055%
CN¥ 1.7m
Di Fang Zhao
Chief Financial Officer5.67yrsCN¥276.90k0.0055%
CN¥ 1.7m
Qizhen Zhang
Deputy General Manager3.5yrsCN¥312.60k0.0055%
CN¥ 1.7m
Hang Xu
Secretary3.08yrsCN¥230.40k0.0055%
CN¥ 1.7m
Jun Hua Jia
Assistant General Manager11yrsCN¥86.30kno data
Gang Wei
Deputy General Manager4.42yrsno data0.0055%
CN¥ 1.7m
Xiubin Wu
Deputy General Manager1.5yrsno data0.0055%
CN¥ 1.7m
Ding Yunfeng
Vice Presidentno dataCN¥40.50kno data
Sun Yongfu
Vice Presidentno dataCN¥648.80kno data

3.5yrs

Average Tenure

48yo

Average Age

Experienced Management: 600415's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dong Wang
Deputy Secretary1.92yrsno data0.0055%
CN¥ 1.7m
Zhao Wenge
Chairman of the Boardno dataCN¥362.70k0.0055%
CN¥ 1.7m
Wang Chunming
Director1.33yrsno datano data
Cheng Qun Li
Directorno datano datano data
Zhi Yuan Liu
Independent Directorno dataCN¥72.00kno data
Hang Zhu
Director1.33yrsno datano data
Yabin Wu
Independent Director1.33yrsno datano data
Shuzhong Ma
Independent Director1.33yrsno datano data
Pingchang Huang
Supervisorno datano datano data
Xiaojia Jin
Supervisorno datano datano data
Gaiying Wang
Supervisor1.33yrsno datano data
Yuhu Zhang
Staff Supervisor1.33yrsno datano data

1.3yrs

Average Tenure

48.5yo

Average Age

Experienced Board: 600415's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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 China Commodities City Group Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zhejiang China Commodities City Group Co., Ltd.
  • Ticker: 600415
  • Exchange: SHSE
  • Founded: 1993
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: CN¥30.304b
  • Shares outstanding: 5.49b
  • Website: https://www.cccgroup.com.cn

Number of Employees


Location

  • Zhejiang China Commodities City Group Co., Ltd.
  • Ocean Business Building
  • 17th Floor
  • Yiwu
  • Zhejiang Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
600415SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYMay 2002
600415XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYMay 2002

Biography

Zhejiang China Commodities City Group Co., Ltd. develops, manages, and services trading service platform in China. It also develops e-commerce, big data, supply chain, finance, exhibition, tourism, real es...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 09:17
End of Day Share Price2021/01/21 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.