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Market Cap

CN¥2.8b

Last Updated

2021/09/16 15:29 UTC

Data Sources

Company Financials

Executive Summary

Tande Co., Ltd. operates as a real estate development company in China. More Details


Snowflake Analysis

Undervalued with proven track record.

Share Price & News

How has Tande's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600665 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 600665's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

0.9%

600665

-1.4%

CN Real Estate

-0.7%

CN Market


1 Year Return

-11.7%

600665

-20.2%

CN Real Estate

12.4%

CN Market

Return vs Industry: 600665 exceeded the CN Real Estate industry which returned -20.2% over the past year.

Return vs Market: 600665 underperformed the CN Market which returned 12.4% over the past year.


Shareholder returns

600665IndustryMarket
7 Day0.9%-1.4%-0.7%
30 Day19.2%2.0%4.4%
90 Day5.9%-6.3%3.7%
1 Year-7.1%-11.7%-17.0%-20.2%14.1%12.4%
3 Year0.5%-11.3%0.2%-9.2%73.5%64.6%
5 Year-28.6%-39.5%-25.1%-34.0%32.3%23.0%

Long-Term Price Volatility Vs. Market

How volatile is Tande's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Tande 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: 600665 (CN¥3.23) is trading below our estimate of fair value (CN¥24.33)

Significantly Below Fair Value: 600665 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 600665 is good value based on its PE Ratio (5.2x) compared to the CN Real Estate industry average (13.2x).

PE vs Market: 600665 is good value based on its PE Ratio (5.2x) compared to the CN market (35.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 600665's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 600665 is good value based on its PB Ratio (0.7x) compared to the CN Real Estate industry average (1.1x).


Future Growth

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

14.6%

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 Tande 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 Tande performed over the past 5 years?

8.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600665 has a large one-off gain of CN¥211.4M impacting its June 30 2021 financial results.

Growing Profit Margin: 600665's current net profit margins (7.5%) are higher than last year (6.6%).


Past Earnings Growth Analysis

Earnings Trend: 600665's earnings have grown by 8.5% per year over the past 5 years.

Accelerating Growth: 600665's earnings growth over the past year (69.6%) exceeds its 5-year average (8.5% per year).

Earnings vs Industry: 600665 earnings growth over the past year (69.6%) exceeded the Real Estate industry 19.5%.


Return on Equity

High ROE: 600665's Return on Equity (12.4%) is considered low.


Financial Health

How is Tande's financial position?


Financial Position Analysis

Short Term Liabilities: 600665's short term assets (CN¥35.4B) exceed its short term liabilities (CN¥23.6B).

Long Term Liabilities: 600665's short term assets (CN¥35.4B) exceed its long term liabilities (CN¥8.7B).


Debt to Equity History and Analysis

Debt Level: 600665's debt to equity ratio (305.3%) is considered high.

Reducing Debt: 600665's debt to equity ratio has reduced from 340.7% to 305.3% over the past 5 years.

Debt Coverage: 600665's debt is not well covered by operating cash flow (16.8%).

Interest Coverage: 600665's interest payments on its debt are well covered by EBIT (52.8x coverage).


Balance Sheet


Dividend

What is Tande current dividend yield, its reliability and sustainability?

4.71%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600665's dividend (4.71%) is higher than the bottom 25% of dividend payers in the CN market (0.4%).

High Dividend: 600665's dividend (4.71%) is in the top 25% of dividend payers in the CN market (1.75%)


Stability and Growth of Payments

Stable Dividend: 600665 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 600665's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.6%), 600665'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

Tande 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

Tande Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tande Co., Ltd.
  • Ticker: 600665
  • Exchange: SHSE
  • Founded: NaN
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: CN¥2.791b
  • Shares outstanding: 864.12m
  • Website: https://www.tande.cn

Number of Employees


Location

  • Tande Co., Ltd.
  • Gaoxin International Business Center
  • 27th Floor
  • Xi'an
  • Shaanxi Province
  • 710075
  • China

Listings


Biography

Tande Co., Ltd. operates as a real estate development company in China. It also provides property management and real estate agency services. The company is based in Xi'an, China.Tande Co., Ltd. is a subs...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 15:29
End of Day Share Price2021/09/16 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.