SHSE:600716

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Jiangsu Phoenix Property Investment

Executive Summary

Jiangsu Phoenix Property Investment Company Limited engages in the real estate investment, industrial investment, housing leasing, and property management activities in China. More Details


Snowflake Analysis

Flawless balance sheet and good value.

Share Price & News

How has Jiangsu Phoenix Property Investment's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600716 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 600716's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

0.3%

600716

3.4%

CN Real Estate

0.5%

CN Market


1 Year Return

-2.2%

600716

-7.0%

CN Real Estate

25.8%

CN Market

Return vs Industry: 600716 exceeded the CN Real Estate industry which returned -7% over the past year.

Return vs Market: 600716 underperformed the CN Market which returned 25.8% over the past year.


Shareholder returns

600716IndustryMarket
7 Day0.3%3.4%0.5%
30 Day-8.2%-0.5%4.7%
90 Day1.6%-4.8%8.1%
1 Year0.08%-2.2%-4.0%-7.0%27.9%25.8%
3 Year-20.4%-24.1%-24.8%-30.9%21.3%15.3%
5 Year-38.2%-42.2%-0.2%-10.9%49.4%39.2%

Long-Term Price Volatility Vs. Market

How volatile is Jiangsu Phoenix Property Investment's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Jiangsu Phoenix Property Investment 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: 600716 (CN¥3.93) is trading below our estimate of fair value (CN¥19.54)

Significantly Below Fair Value: 600716 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 600716 is poor value based on its PE Ratio (34.4x) compared to the CN Real Estate industry average (14.7x).

PE vs Market: 600716 is good value based on its PE Ratio (34.4x) compared to the CN market (35.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 600716's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 600716 is good value based on its PB Ratio (0.6x) compared to the CN Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Jiangsu Phoenix Property Investment 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 Jiangsu Phoenix Property Investment 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 Jiangsu Phoenix Property Investment performed over the past 5 years?

41.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600716 has a large one-off gain of CN¥86.5M impacting its September 30 2020 financial results.

Growing Profit Margin: 600716's current net profit margins (18.3%) are lower than last year (57.5%).


Past Earnings Growth Analysis

Earnings Trend: 600716's earnings have grown significantly by 41.2% per year over the past 5 years.

Accelerating Growth: 600716's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 600716 had negative earnings growth (-83%) over the past year, making it difficult to compare to the Real Estate industry average (-3.3%).


Return on Equity

High ROE: 600716's Return on Equity (1.7%) is considered low.


Next Steps

Financial Health

How is Jiangsu Phoenix Property Investment's financial position?


Financial Position Analysis

Short Term Liabilities: 600716's short term assets (CN¥5.0B) exceed its short term liabilities (CN¥1.3B).

Long Term Liabilities: 600716's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥645.9M).


Debt to Equity History and Analysis

Debt Level: 600716's debt to equity ratio (9.9%) is considered satisfactory.

Reducing Debt: 600716's debt to equity ratio has reduced from 141.6% to 9.9% over the past 5 years.

Debt Coverage: 600716's debt is well covered by operating cash flow (80.3%).

Interest Coverage: 600716's interest payments on its debt are well covered by EBIT (25x coverage).


Balance Sheet


Next Steps

Dividend

What is Jiangsu Phoenix Property Investment current dividend yield, its reliability and sustainability?

2.54%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600716's dividend (2.54%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 600716's dividend (2.54%) is in the top 25% of dividend payers in the CN market (1.79%)


Stability and Growth of Payments

Stable Dividend: 600716 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 600716 has only been paying a dividend for 6 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (87.5%), 600716's payments are 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

Lie Wang

no data

Tenure

Mr. Lie Wang has been General Manager and Director of Jiangsu Phoenix Property Investment Company Limited.


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

Jiangsu Phoenix Property Investment Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jiangsu Phoenix Property Investment Company Limited
  • Ticker: 600716
  • Exchange: SHSE
  • Founded: NaN
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: CN¥3.688b
  • Shares outstanding: 936.06m
  • Website: https://www.fhzy.cn

Number of Employees


Location

  • Jiangsu Phoenix Property Investment Company Limited
  • Phoenix International Building
  • 6th floor
  • Nanjing
  • Jiangsu Province
  • 210037
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
600716SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYSep 1996
600716XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYSep 1996

Biography

Jiangsu Phoenix Property Investment Company Limited engages in the real estate investment, industrial investment, housing leasing, and property management activities in China. The company develop business ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 09:17
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.