SHSE:600639

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Shanghai Jinqiao Export Processing Zone Development

Executive Summary

Shanghai Jinqiao Export Processing Zone Development Co., Ltd. More Details


Snowflake Analysis

Good value with proven track record and pays a dividend.

Share Price & News

How has Shanghai Jinqiao Export Processing Zone Development's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600639 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 600639's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-2.4%

600639

-0.5%

CN Real Estate

2.9%

CN Market


1 Year Return

-11.4%

600639

-6.0%

CN Real Estate

31.8%

CN Market

Return vs Industry: 600639 underperformed the CN Real Estate industry which returned -6% over the past year.

Return vs Market: 600639 underperformed the CN Market which returned 31.8% over the past year.


Shareholder returns

600639IndustryMarket
7 Day-2.4%-0.5%2.9%
30 Day-6.0%-1.6%7.2%
90 Day-12.5%-7.0%11.5%
1 Year-9.7%-11.4%-2.9%-6.0%34.0%31.8%
3 Year-26.9%-31.2%-26.6%-32.6%23.1%17.0%
5 Year-14.5%-20.7%-3.4%-13.8%51.6%41.1%

Long-Term Price Volatility Vs. Market

How volatile is Shanghai Jinqiao Export Processing Zone Development's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Shanghai Jinqiao Export Processing Zone 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: 600639 (CN¥11.86) is trading below our estimate of fair value (CN¥173.24)

Significantly Below Fair Value: 600639 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 600639 is good value based on its PE Ratio (11.3x) compared to the CN Real Estate industry average (14.8x).

PE vs Market: 600639 is good value based on its PE Ratio (11.3x) compared to the CN market (35.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 600639's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 600639 is overvalued based on its PB Ratio (1.3x) compared to the CN Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Shanghai Jinqiao Export Processing Zone Development forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.2%

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 Shanghai Jinqiao Export Processing Zone 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.


Next Steps

Past Performance

How has Shanghai Jinqiao Export Processing Zone Development performed over the past 5 years?

19.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600639 has high quality earnings.

Growing Profit Margin: 600639's current net profit margins (31.2%) are higher than last year (28.8%).


Past Earnings Growth Analysis

Earnings Trend: 600639's earnings have grown by 19.4% per year over the past 5 years.

Accelerating Growth: 600639's earnings growth over the past year (17.6%) is below its 5-year average (19.4% per year).

Earnings vs Industry: 600639 earnings growth over the past year (17.6%) exceeded the Real Estate industry -4.1%.


Return on Equity

High ROE: 600639's Return on Equity (11.2%) is considered low.


Next Steps

Financial Health

How is Shanghai Jinqiao Export Processing Zone Development's financial position?


Financial Position Analysis

Short Term Liabilities: 600639's short term assets (CN¥12.9B) exceed its short term liabilities (CN¥11.7B).

Long Term Liabilities: 600639's short term assets (CN¥12.9B) exceed its long term liabilities (CN¥7.6B).


Debt to Equity History and Analysis

Debt Level: 600639's debt to equity ratio (92.7%) is considered high.

Reducing Debt: 600639's debt to equity ratio has increased from 38.6% to 92.7% over the past 5 years.

Debt Coverage: 600639's debt is well covered by operating cash flow (39.2%).

Interest Coverage: 600639's interest payments on its debt are well covered by EBIT (27x coverage).


Balance Sheet


Next Steps

Dividend

What is Shanghai Jinqiao Export Processing Zone Development current dividend yield, its reliability and sustainability?

2.37%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600639's dividend (2.37%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 600639's dividend (2.37%) is in the top 25% of dividend payers in the CN market (1.81%)


Stability and Growth of Payments

Stable Dividend: 600639's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600639's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.5%), 600639'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?

6.2yrs

Average management tenure


CEO

Wen Kan Tang (45 yo)

3.25yrs

Tenure

Mr. Wen Kan Tang has been Vice Chairman of the Board since December 20, 2017 and General Manager since October 9, 2017 at Shanghai Jinqiao Export Processing Zone Development Co., Ltd.


Leadership Team

NamePositionTenureCompensationOwnership
Wen Kan Tang
GM & Vice Chairman of the Board3.25yrsno datano data
Jie Tong
Chief Financial Officer4.67yrsno datano data
Qiao Li Mao
Director of Operations & Employee Director4.67yrsno datano data
Jian Yun Cao
Deputy General Manager6.42yrsno datano data
Tong Shen
Deputy General Manager6.42yrsno datano data
Shao Yun Yan
Secretary6.17yrsno datano data
Qinrong Zhu
Financial Controllerno dataCN¥498.60kno data
Yao Zhou
Vice Presidentno dataCN¥461.40kno data

6.2yrs

Average Tenure

50yo

Average Age

Experienced Management: 600639's management team is seasoned and experienced (6.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Wen Kan Tang
GM & Vice Chairman of the Board3.25yrsno datano data
Qiao Li Mao
Director of Operations & Employee Director4.67yrsno datano data
Ming Zhang
Independent Director9.58yrsCN¥100.00kno data
Xing Zhang
Directorno datano datano data
Guoping Huang
Directorno datano datano data
Jianzhong Pan
Vice Chairmanno datano datano data
Rong Shen
Vice Chairmanno dataCN¥91.50kno data
Rongming Liu
Directorno datano datano data
Yizhong Ding
Independent Directorno dataCN¥14.30kno data
Wenjun Qiao
Independent Directorno dataCN¥14.30kno data
Wang Ying
Chairman of the Board2.33yrsCN¥661.10kno data
Min Hua Qian
Chairman of Supervisory Board4.67yrsno datano data

4.7yrs

Average Tenure

52yo

Average Age

Experienced Board: 600639's board of directors are considered experienced (4.7 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

Shanghai Jinqiao Export Processing Zone Development Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shanghai Jinqiao Export Processing Zone Development Co., Ltd.
  • Ticker: 600639
  • Exchange: SHSE
  • Founded: 1992
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: CN¥11.712b
  • Shares outstanding: 1.12b
  • Website: https://www.shpdjq.com

Number of Employees


Location

  • Shanghai Jinqiao Export Processing Zone Development Co., Ltd.
  • Building 18
  • No. 27, Xinjinqiao Road
  • Shanghai
  • 201206
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
600639SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYMay 1993
600639XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYMay 1993
900911SHSE (Shanghai Stock Exchange)Foreign Shares-Domestically ListedCNUSDSep 1993

Biography

Shanghai Jinqiao Export Processing Zone Development Co., Ltd. develops, invests in, and operates real estate properties in China. Its property portfolio comprises office and factory buildings, villas, and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 09:20
End of Day Share Price2021/01/22 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.