Shanghai Industrial DevelopmentLtd
Market Cap
CN¥8.9b
Last Updated
2021/01/21 09:15 UTC
Data Sources
Company Financials
Executive Summary
Shanghai Industrial Development Co., Ltd. More Details
Rewards
Risk Analysis
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
| 600748 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.3% | 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
- Examine whether Shanghai Industrial DevelopmentLtd is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Real Estate industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Director | 8.75yrs | CN¥1.55m | no data | |
| Chief Financial Officer | 6yrs | CN¥601.00k | no data | |
| VP & Board Secretary | no data | CN¥1.20m | no data | |
| Vice President | 8.75yrs | CN¥911.00k | no data | |
| Vice President | 5.42yrs | CN¥1.18m | no data | |
| Vice President | no data | CN¥1.16m | no data | |
| Vice President | no data | CN¥1.15m | no data | |
| Vice President | 8.75yrs | CN¥182.00k | no data | |
| General Manager of Property Operations and Member of the Supervisory Board | no data | CN¥430.00k | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 600748 | SHSE (Shanghai Stock Exchange) | Yes | Domestic Shares | CN | CNY | Sep 1996 |
| 600748 | XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Sep 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 09:15 |
| End of Day Share Price | 2021/01/21 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.