SHSE:600647

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Shanghai Tongda Venture Capital

Executive Summary

Shanghai Tongda Venture Capital Co., Ltd. More Details


Snowflake Analysis

Flawless balance sheet with poor track record.

Share Price & News

How has Shanghai Tongda Venture Capital's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600647 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 600647's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

3.1%

600647

3.4%

CN Real Estate

0.5%

CN Market


1 Year Return

-19.8%

600647

-7.0%

CN Real Estate

25.8%

CN Market

Return vs Industry: 600647 underperformed the CN Real Estate industry which returned -7% over the past year.

Return vs Market: 600647 underperformed the CN Market which returned 25.8% over the past year.


Shareholder returns

600647IndustryMarket
7 Day3.1%3.4%0.5%
30 Day-19.4%-0.5%4.7%
90 Day-25.9%-4.8%8.1%
1 Year-19.8%-19.8%-4.0%-7.0%27.9%25.8%
3 Year-37.7%-37.9%-24.8%-30.9%21.3%15.3%
5 Year-41.7%-42.2%-0.2%-10.9%49.4%39.2%

Long-Term Price Volatility Vs. Market

How volatile is Shanghai Tongda Venture Capital's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Shanghai Tongda Venture Capital undervalued compared to its fair value and its price relative to the market?

712.13x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 600647's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 600647's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 600647 is poor value based on its PE Ratio (712.1x) compared to the CN Real Estate industry average (14.7x).

PE vs Market: 600647 is poor value based on its PE Ratio (712.1x) compared to the CN market (35.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 600647's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 600647 is overvalued based on its PB Ratio (5.1x) compared to the CN Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Shanghai Tongda Venture Capital forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.9%

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 Tongda Venture Capital 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 Tongda Venture Capital performed over the past 5 years?

-59.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600647 has a large one-off gain of CN¥17.8M impacting its September 30 2020 financial results.

Growing Profit Margin: 600647 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 600647's earnings have declined by 59.3% per year over the past 5 years.

Accelerating Growth: 600647 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 600647 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (-3.3%).


Return on Equity

High ROE: 600647's Return on Equity (0.7%) is considered low.


Next Steps

Financial Health

How is Shanghai Tongda Venture Capital's financial position?


Financial Position Analysis

Short Term Liabilities: 600647's short term assets (CN¥454.0M) exceed its short term liabilities (CN¥174.7M).

Long Term Liabilities: 600647 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 600647 is debt free.

Reducing Debt: 600647 has no debt compared to 5 years ago when its debt to equity ratio was 9.9%.

Debt Coverage: 600647 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 600647 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Shanghai Tongda Venture Capital current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 600647's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 600647'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 600647's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 600647's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 600647 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 600647's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

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

8.6yrs

Average board tenure


CEO

Yong Niu (51 yo)

no data

Tenure

CN¥956,500

Compensation

Mr. Yong Niu serves as General Manager of Shanghai Tongda Venture Capital Co.,Ltd. Mr. Niu served as Deputy General Manager of Shanghai Tongda Venture Capital Co., Ltd. He served as the Manager of the Shan...


Board Members

NamePositionTenureCompensationOwnership
Yong Niu
General Manager and Directorno dataCN¥956.50kno data
Liwu Zhou
Chairman8.58yrsno datano data
Jia Ru Shen
Director8.58yrsno datano data
Zhao Tong Wang
Director8.58yrsno datano data
Zhi Hui Ma
Independent Director8.58yrsCN¥80.00kno data
Hui Ping Wu
Independent Director8.58yrsCN¥80.00kno data
Xiao Li Tong
Chief Supervisorno datano datano data
Su Qing Tang
Supervisorno datano datano data
Jin Ning Huang
Supervisorno dataCN¥21.10kno data

8.6yrs

Average Tenure

55yo

Average Age

Experienced Board: 600647's board of directors are considered experienced (8.6 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 Tongda Venture Capital Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shanghai Tongda Venture Capital Co., Ltd.
  • Ticker: 600647
  • Exchange: SHSE
  • Founded: 1991
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: CN¥1.504b
  • Shares outstanding: 139.14m
  • Website: https://www.shtdcy.com

Number of Employees


Location

  • Shanghai Tongda Venture Capital Co., Ltd.
  • Pudong New Area
  • 21st Floor
  • Shanghai
  • 200120
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
600647SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYSep 1996

Biography

Shanghai Tongda Venture Capital Co., Ltd. engages in the real estate development business in China. It is also involved in equity investment, capital market operation, asset trading, financial non-performi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 09:16
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.