SHSE:600748

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Shanghai Industrial DevelopmentLtd

Executive Summary

Shanghai Industrial Development Co., Ltd. More Details


Snowflake Analysis

Undervalued with adequate balance sheet and pays a dividend.

Share Price & News

How has Shanghai Industrial DevelopmentLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600748 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 600748's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

2.3%

600748

3.4%

CN Real Estate

0.5%

CN Market


1 Year Return

-10.2%

600748

-7.0%

CN Real Estate

25.8%

CN Market

Return vs Industry: 600748 underperformed the CN Real Estate industry which returned -7% over the past year.

Return vs Market: 600748 underperformed the CN Market which returned 25.8% over the past year.


Shareholder returns

600748IndustryMarket
7 Day2.3%3.4%0.5%
30 Day-3.8%-0.5%4.7%
90 Day-10.7%-4.8%8.1%
1 Year-8.7%-10.2%-4.0%-7.0%27.9%25.8%
3 Year-22.8%-25.2%-24.8%-30.9%21.3%15.3%
5 Year-25.9%-28.9%-0.2%-10.9%49.4%39.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Shanghai Industrial DevelopmentLtd undervalued compared to its fair value and its price relative to the market?

40.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 600748 (CN¥4.82) is trading below our estimate of fair value (CN¥8.09)

Significantly Below Fair Value: 600748 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 600748 is good value based on its PE Ratio (11.9x) compared to the CN Real Estate industry average (14.7x).

PE vs Market: 600748 is good value based on its PE Ratio (11.9x) compared to the CN market (35.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 600748's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 600748 is good value based on its PB Ratio (0.8x) compared to the CN Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Shanghai Industrial DevelopmentLtd 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 Industrial DevelopmentLtd 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 Industrial DevelopmentLtd performed over the past 5 years?

8.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600748 has high quality earnings.

Growing Profit Margin: 600748's current net profit margins (9.1%) are higher than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: 600748's earnings have grown by 8.8% per year over the past 5 years.

Accelerating Growth: 600748's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 600748 had negative earnings growth (-1.1%) over the past year, making it difficult to compare to the Real Estate industry average (-3.3%).


Return on Equity

High ROE: 600748's Return on Equity (6.3%) is considered low.


Next Steps

Financial Health

How is Shanghai Industrial DevelopmentLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 600748's short term assets (CN¥35.4B) exceed its short term liabilities (CN¥18.0B).

Long Term Liabilities: 600748's short term assets (CN¥35.4B) exceed its long term liabilities (CN¥10.4B).


Debt to Equity History and Analysis

Debt Level: 600748's debt to equity ratio (117%) is considered high.

Reducing Debt: 600748's debt to equity ratio has reduced from 197% to 117% over the past 5 years.

Debt Coverage: 600748's debt is not well covered by operating cash flow (13.4%).

Interest Coverage: 600748's interest payments on its debt are well covered by EBIT (11.9x coverage).


Balance Sheet


Next Steps

Dividend

What is Shanghai Industrial DevelopmentLtd current dividend yield, its reliability and sustainability?

2.07%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600748's dividend (2.07%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 600748's dividend (2.07%) is in the top 25% of dividend payers in the CN market (1.79%)


Stability and Growth of Payments

Stable Dividend: 600748's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600748's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.8%), 600748'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?

8.8yrs

Average management tenure


CEO

Jun Tang (53 yo)

8.75yrs

Tenure

CN¥1,547,000

Compensation

Mr. Jun Tang serves as President and Executive Director at Shanghai Industrial Urban Development Group Limited since January 15, 2021. He has been President of Shanghai Industrial Development Co., Ltd. sin...


Leadership Team

NamePositionTenureCompensationOwnership
Jun Tang
President & Director8.75yrsCN¥1.55mno data
Jixing Yuan
Chief Financial Officer6yrsCN¥601.00kno data
Wenhao Hu
VP & Board Secretaryno dataCN¥1.20mno data
Wang Jiangjiang
Vice President8.75yrsCN¥911.00kno data
Jun Pan
Vice President5.42yrsCN¥1.18mno data
Guo Weimin
Vice Presidentno dataCN¥1.16mno data
Yan Lu
Vice Presidentno dataCN¥1.15mno data
Chai Huimin
Vice President8.75yrsCN¥182.00kno data
Qingyuan Lu
General Manager of Property Operations and Member of the Supervisory Boardno dataCN¥430.00kno data

8.8yrs

Average Tenure

53yo

Average Age

Experienced Management: 600748's management team is seasoned and experienced (8.8 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 Industrial Development Co.,Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shanghai Industrial Development Co.,Ltd
  • Ticker: 600748
  • Exchange: SHSE
  • Founded: NaN
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: CN¥8.946b
  • Shares outstanding: 1.84b
  • Website: https://www.sidlgroup.com

Number of Employees


Location

  • Shanghai Industrial Development Co.,Ltd
  • Queensway Plaza
  • 9820 Huaihai Road F
  • Shanghai
  • 200021
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
600748SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYSep 1996
600748XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYSep 1996

Biography

Shanghai Industrial Development Co., Ltd. primarily engages in the real estate investment and development businesses in China. It develops residential and commercial properties. The company is also involve...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 09:15
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.