Shanghai SMI Holding
Market Cap
CN¥13.0b
Last Updated
2021/01/23 09:21 UTC
Data Sources
Company Financials +
Executive Summary
Shanghai SMI Holding Co., Ltd provides real estate, environmental, and venture capital services in China. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential and fair value.
Share Price & News
How has Shanghai SMI Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 600649 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 600649's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
-2.6%
600649
-0.5%
CN Real Estate
2.9%
CN Market
1 Year Return
-6.0%
600649
-6.0%
CN Real Estate
31.8%
CN Market
Return vs Industry: 600649 matched the CN Real Estate industry which returned -6% over the past year.
Return vs Market: 600649 underperformed the CN Market which returned 31.8% over the past year.
Shareholder returns
| 600649 | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.6% | -0.5% | 2.9% |
| 30 Day | -6.2% | -1.6% | 7.2% |
| 90 Day | -8.7% | -7.0% | 11.5% |
| 1 Year | -4.9%-6.0% | -2.9%-6.0% | 34.0%31.8% |
| 3 Year | -39.8%-43.5% | -26.6%-32.6% | 23.1%17.0% |
| 5 Year | -58.8%-61.3% | -3.4%-13.8% | 51.6%41.1% |
Long-Term Price Volatility Vs. Market
How volatile is Shanghai SMI Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Shanghai SMI Holding undervalued compared to its fair value and its price relative to the market?
30.61x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 600649 (CN¥5.15) is trading above our estimate of fair value (CN¥0.53)
Significantly Below Fair Value: 600649 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 600649 is poor value based on its PE Ratio (30.6x) compared to the CN Real Estate industry average (14.8x).
PE vs Market: 600649 is good value based on its PE Ratio (30.6x) compared to the CN market (35.1x).
Price to Earnings Growth Ratio
PEG Ratio: 600649 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 600649 is good value based on its PB Ratio (0.7x) compared to the CN Real Estate industry average (1.1x).
Next Steps
Future Growth
How is Shanghai SMI Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
52.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600649's forecast earnings growth (52.4% per year) is above the savings rate (3.3%).
Earnings vs Market: 600649's earnings (52.4% per year) are forecast to grow faster than the CN market (24.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 600649's revenue (64.1% per year) is forecast to grow faster than the CN market (18.3% per year).
High Growth Revenue: 600649's revenue (64.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600649's Return on Equity is forecast to be low in 3 years time (9%).
Next Steps
Past Performance
How has Shanghai SMI Holding performed over the past 5 years?
-39.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600649 has a large one-off gain of CN¥217.1M impacting its September 30 2020 financial results.
Growing Profit Margin: 600649's current net profit margins (23.5%) are higher than last year (17.5%).
Past Earnings Growth Analysis
Earnings Trend: 600649's earnings have declined by 39.8% per year over the past 5 years.
Accelerating Growth: 600649's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600649 had negative earnings growth (-37%) over the past year, making it difficult to compare to the Real Estate industry average (-4.1%).
Return on Equity
High ROE: 600649's Return on Equity (1.9%) is considered low.
Next Steps
Financial Health
How is Shanghai SMI Holding's financial position?
Financial Position Analysis
Short Term Liabilities: 600649's short term assets (CN¥37.5B) exceed its short term liabilities (CN¥11.5B).
Long Term Liabilities: 600649's short term assets (CN¥37.5B) exceed its long term liabilities (CN¥15.2B).
Debt to Equity History and Analysis
Debt Level: 600649's debt to equity ratio (87%) is considered high.
Reducing Debt: 600649's debt to equity ratio has increased from 52.5% to 87% over the past 5 years.
Debt Coverage: 600649's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600649's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Shanghai SMI Holding current dividend yield, its reliability and sustainability?
1.40%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600649's dividend (1.4%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).
High Dividend: 600649's dividend (1.4%) is low compared to the top 25% of dividend payers in the CN market (1.81%).
Stability and Growth of Payments
Stable Dividend: 600649's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600649's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42.8%), 600649'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?
3.8yrs
Average board tenure
CEO
Xiao Chen (56 yo)
no data
Tenure
CN¥231,300
Compensation
Mr. Xiao Bo Chen serves as President and Director of Shanghai SMI Holding Co., Ltd.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Director | no data | CN¥231.30k | no data | |
| Vice Chairman | 3.83yrs | no data | no data | |
| Member of the Supervisory Board | 9.58yrs | CN¥288.80k | no data | |
| Chair of Directorate | 2.58yrs | CN¥759.20k | no data | |
| Chairman of the Supervisory Board | no data | no data | no data | |
| Director | no data | no data | no data | |
| Director | no data | no data | no data | |
| Independent Director | no data | no data | no data | |
| Independent Director | no data | no data | no data | |
| Independent Director | no data | no data | no data | |
| Supervisor | no data | no data | no data | |
| Director | no data | no data | no data |
3.8yrs
Average Tenure
48.5yo
Average Age
Experienced Board: 600649's board of directors are considered experienced (3.8 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 SMI Holding Co., Ltd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Shanghai SMI Holding Co., Ltd
- Ticker: 600649
- Exchange: SHSE
- Founded: NaN
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: CN¥13.027b
- Shares outstanding: 2.53b
- Website: https://www.sh600649.com
Number of Employees
Location
- Shanghai SMI Holding Co., Ltd
- No.130, Wusong Road
- 19th Floor
- Shanghai
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 600649 | SHSE (Shanghai Stock Exchange) | Yes | Domestic Shares | CN | CNY | Mar 1995 |
| 600649 | XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Mar 1995 |
Biography
Shanghai SMI Holding Co., Ltd provides real estate, environmental, and venture capital services in China. The company develops land, ordinary commercial housing and low-income housing projects, and technol...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 09:21 |
| End of Day Share Price | 2021/01/22 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.