Cred HoldingLtd
Market Cap
CN¥2.2b
Last Updated
2021/01/23 09:24 UTC
Data Sources
Company Financials
Executive Summary
Cred Holding Co.,Ltd engages in the real estate business in China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with questionable track record.
Share Price & News
How has Cred HoldingLtd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 600890 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 600890's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of CN stocks.
Market Performance
7 Day Return
5.1%
600890
-0.5%
CN Real Estate
2.9%
CN Market
1 Year Return
-47.4%
600890
-6.0%
CN Real Estate
31.8%
CN Market
Return vs Industry: 600890 underperformed the CN Real Estate industry which returned -6% over the past year.
Return vs Market: 600890 underperformed the CN Market which returned 31.8% over the past year.
Shareholder returns
| 600890 | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.1% | -0.5% | 2.9% |
| 30 Day | -24.8% | -1.6% | 7.2% |
| 90 Day | -48.9% | -7.0% | 11.5% |
| 1 Year | -47.4%-47.4% | -2.9%-6.0% | 34.0%31.8% |
| 3 Year | -68.2%-68.2% | -26.6%-32.6% | 23.1%17.0% |
| 5 Year | n/a | -3.4%-13.8% | 51.6%41.1% |
Long-Term Price Volatility Vs. Market
How volatile is Cred HoldingLtd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Cred HoldingLtd undervalued compared to its fair value and its price relative to the market?
75.67x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 600890's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 600890's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 600890 is poor value based on its PE Ratio (75.7x) compared to the CN Real Estate industry average (14.8x).
PE vs Market: 600890 is poor value based on its PE Ratio (75.7x) compared to the CN market (35.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 600890's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 600890 is overvalued based on its PB Ratio (8.3x) compared to the CN Real Estate industry average (1.1x).
Next Steps
Future Growth
How is Cred HoldingLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
21.2%
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 Cred HoldingLtd 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 Cred HoldingLtd's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Real Estate industry.
Past Performance
How has Cred HoldingLtd performed over the past 5 years?
15.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600890 has a high level of non-cash earnings.
Growing Profit Margin: 600890 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 600890 has become profitable over the past 5 years, growing earnings by 15.3% per year.
Accelerating Growth: 600890 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 600890 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (-4.1%).
Return on Equity
High ROE: 600890's Return on Equity (10.9%) is considered low.
Next Steps
Financial Health
How is Cred HoldingLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 600890's short term assets (CN¥188.0M) exceed its short term liabilities (CN¥16.9M).
Long Term Liabilities: 600890 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 600890 is debt free.
Reducing Debt: 600890 has not had any debt for past 5 years.
Debt Coverage: 600890 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600890 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Cred HoldingLtd current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 600890's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 600890's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 600890's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 600890's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 600890's dividend in 3 years as they are not forecast to pay a notable one for the CN market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CN¥604k
CEO Compensation
CEO
Wu Xiaohui
5.33yrs
Tenure
CN¥603,600
Compensation
Mr. Wu Xiaohui serves as General Manager, Secretary and Director at CRED Holding Co., Ltd.
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
Cred Holding Co.,Ltd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cred Holding Co.,Ltd
- Ticker: 600890
- Exchange: SHSE
- Founded: 1993
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: CN¥2.155b
- Shares outstanding: 579.19m
- Website: https://www.credholding.com
Number of Employees
Location
- Cred Holding Co.,Ltd
- Yuantiandi Building
- 2nd Floor, Block C
- Beijing
- 100080
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 600890 | SHSE (Shanghai Stock Exchange) | Yes | A Shares | CN | CNY | Aug 1996 |
Biography
Cred Holding Co.,Ltd engages in the real estate business in China. It develops housing, apartment, and other projects. The company was formerly known as Changchun Changling Industrial Co., Ltd. Cred Holdin...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 09:24 |
| 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.