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6005

Nanjing Chixia DevelopmentSHSE:600533 Stock Report

Market Cap

CN¥3.4b

7D

1.9%

1Y

-2.4%

Updated

24 Sep, 2021

Data

Company Financials
600533 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends3/6

600533 Overview

Nanjing Chixia Development Co., Ltd. engages in the development of real estate properties in China.

Price History & Performance

Summary of all time highs, changes and price drops for Nanjing Chixia Development
Historical stock prices
Current Share PriceCN¥3.22
52 Week HighCN¥2.81
52 Week LowCN¥3.62
Beta0.35
1 Month Change4.89%
3 Month Change2.22%
1 Year Change-2.42%
3 Year Change4.55%
5 Year Change-40.81%
Change since IPO-36.95%

Recent News & Updates

Shareholder Returns

600533CN Real EstateCN Market
7D1.9%4.2%0.6%
1Y-2.4%-16.4%13.7%

Return vs Industry: 600533 exceeded the CN Real Estate industry which returned -16.4% over the past year.

Return vs Market: 600533 underperformed the CN Market which returned 13.7% over the past year.

Price Volatility

Is 600533's price volatile compared to industry and market?
600533 volatility
600533 Beta0.35
Industry Beta0.71
Market Beta1

Stable Share Price: 600533 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 600533's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19841,968n/ahttps://www.chixia.com

Nanjing Chixia Development Co., Ltd. engages in the development of real estate properties in China. It is also involved in the development and construction of residential and office buildings, public buildings, and commercial housing projects; sale of commercial houses; leasing activities; planning, design, and construction of garden landscapes; and construction management activities. The company also offers after-sales services.

Nanjing Chixia Development Fundamentals Summary

How do Nanjing Chixia Development's earnings and revenue compare to its market cap?
600533 fundamental statistics
Market CapCN¥3.38b
Earnings (TTM)CN¥439.73m
Revenue (TTM)CN¥4.70b

7.7x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
600533 income statement (TTM)
RevenueCN¥4.70b
Cost of RevenueCN¥3.13b
Gross ProfitCN¥1.57b
ExpensesCN¥1.13b
EarningsCN¥439.73m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.42
Gross Margin33.40%
Net Profit Margin9.35%
Debt/Equity Ratio228.2%

How did 600533 perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

24%

Payout Ratio

Valuation

Is Nanjing Chixia Development 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: 600533 (CN¥3.22) is trading below our estimate of fair value (CN¥24.49)

Significantly Below Fair Value: 600533 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 600533 is good value based on its PE Ratio (7.7x) compared to the CN Real Estate industry average (12.9x).

PE vs Market: 600533 is good value based on its PE Ratio (7.7x) compared to the CN market (35.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 600533's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 600533 is good value based on its PB Ratio (0.8x) compared to the CN Real Estate industry average (1.1x).


Future Growth

How is Nanjing Chixia Development forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.2%

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 Nanjing Chixia Development 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 Nanjing Chixia Development performed over the past 5 years?

21.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600533 has high quality earnings.

Growing Profit Margin: 600533's current net profit margins (9.3%) are higher than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: 600533's earnings have grown significantly by 21.6% per year over the past 5 years.

Accelerating Growth: 600533's earnings growth over the past year (356.7%) exceeds its 5-year average (21.6% per year).

Earnings vs Industry: 600533 earnings growth over the past year (356.7%) exceeded the Real Estate industry 19.2%.


Return on Equity

High ROE: 600533's Return on Equity (9.6%) is considered low.


Financial Health

How is Nanjing Chixia Development's financial position?


Financial Position Analysis

Short Term Liabilities: 600533's short term assets (CN¥19.2B) exceed its short term liabilities (CN¥12.5B).

Long Term Liabilities: 600533's short term assets (CN¥19.2B) exceed its long term liabilities (CN¥5.3B).


Debt to Equity History and Analysis

Debt Level: 600533's debt to equity ratio (228.2%) is considered high.

Reducing Debt: 600533's debt to equity ratio has increased from 155.1% to 228.2% over the past 5 years.

Debt Coverage: 600533's debt is well covered by operating cash flow (27.8%).

Interest Coverage: 600533's interest payments on its debt are well covered by EBIT (7.8x coverage).


Balance Sheet


Dividend

What is Nanjing Chixia Development current dividend yield, its reliability and sustainability?

3.11%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600533's dividend (3.11%) is higher than the bottom 25% of dividend payers in the CN market (0.41%).

High Dividend: 600533's dividend (3.11%) is in the top 25% of dividend payers in the CN market (1.76%)


Stability and Growth of Payments

Stable Dividend: 600533's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600533's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.9%), 600533'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?


CEO

Nanjing Chixia Development has no CEO, or we have no data on them.


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

Nanjing Chixia Development Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Nanjing Chixia Development Co., Ltd.
  • Ticker: 600533
  • Exchange: SHSE
  • Founded: 1984
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: CN¥3.381b
  • Shares outstanding: 1.05b
  • Website: https://www.chixia.com

Number of Employees


Location

  • Nanjing Chixia Development Co., Ltd.
  • Xinglong Building
  • Room 2108
  • Nanjing
  • Jiangsu Province
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:35
End of Day Share Price2021/09/24 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.