SHSE:601155

Stock Analysis Report

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Executive Summary

Seazen Holdings Co., Ltd engages in real estate development business in China. More Details


Snowflake Analysis

Reasonable growth potential with adequate balance sheet and pays a dividend.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 601155 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 601155's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

16.1%

601155

-3.4%

CN Real Estate

1.9%

CN Market


1 Year Return

36.9%

601155

-7.2%

CN Real Estate

32.4%

CN Market

Return vs Industry: 601155 exceeded the CN Real Estate industry which returned -7.2% over the past year.

Return vs Market: 601155 exceeded the CN Market which returned 32.4% over the past year.


Shareholder returns

601155IndustryMarket
7 Day16.1%-3.4%1.9%
30 Day37.2%-1.7%7.6%
90 Day41.3%-6.3%11.5%
1 Year43.5%36.9%-4.2%-7.2%34.6%32.4%
3 Year33.0%18.7%-26.7%-32.8%25.4%19.1%
5 Year452.0%378.4%-3.7%-14.0%54.1%43.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Seazen Holdings undervalued compared to its fair value and its price relative to the market?

7.69x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 601155 (CN¥46.55) is trading above our estimate of fair value (CN¥32.58)

Significantly Below Fair Value: 601155 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 601155 is good value based on its PE Ratio (7.7x) compared to the CN Real Estate industry average (14.4x).

PE vs Market: 601155 is good value based on its PE Ratio (7.7x) compared to the CN market (34.5x).


Price to Earnings Growth Ratio

PEG Ratio: 601155 is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: 601155 is overvalued based on its PB Ratio (2.6x) compared to the CN Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Seazen Holdings forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

19.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601155's forecast earnings growth (19.2% per year) is above the savings rate (3.3%).

Earnings vs Market: 601155's earnings (19.2% per year) are forecast to grow slower than the CN market (24.5% per year).

High Growth Earnings: 601155's earnings are forecast to grow, but not significantly.

Revenue vs Market: 601155's revenue (22.3% per year) is forecast to grow faster than the CN market (18.4% per year).

High Growth Revenue: 601155's revenue (22.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 601155's Return on Equity is forecast to be high in 3 years time (26.5%)


Next Steps

Past Performance

How has Seazen Holdings performed over the past 5 years?

39.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 601155 has high quality earnings.

Growing Profit Margin: 601155's current net profit margins (10.7%) are lower than last year (18.8%).


Past Earnings Growth Analysis

Earnings Trend: 601155's earnings have grown significantly by 39.9% per year over the past 5 years.

Accelerating Growth: 601155's earnings growth over the past year (22.1%) is below its 5-year average (39.9% per year).

Earnings vs Industry: 601155 earnings growth over the past year (22.1%) exceeded the Real Estate industry -4.1%.


Return on Equity

High ROE: Whilst 601155's Return on Equity (21.79%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Seazen Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 601155's short term assets (CN¥431.7B) exceed its short term liabilities (CN¥406.9B).

Long Term Liabilities: 601155's short term assets (CN¥431.7B) exceed its long term liabilities (CN¥67.0B).


Debt to Equity History and Analysis

Debt Level: 601155's debt to equity ratio (130.3%) is considered high.

Reducing Debt: 601155's debt to equity ratio has increased from 88.7% to 130.3% over the past 5 years.

Debt Coverage: 601155's debt is well covered by operating cash flow (34.1%).

Interest Coverage: 601155 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Seazen Holdings's current dividend yield, its reliability and sustainability?

3.65%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 601155's dividend (3.65%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 601155's dividend (3.65%) is in the top 25% of dividend payers in the CN market (1.84%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 601155 has been paying a dividend for less than 10 years.

Growing Dividend: 601155's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (28.1%), 601155's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 601155's dividends in 3 years are forecast to be well covered by earnings (28.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Xiaoping Lv (59 yo)

no data

Tenure

Mr. Xiaoping Lv has been the President of Jiangsu Xincheng Real Estate Co Ltd. since May 2010. Mr. Lv has been a Non Executive Director of Jiangsu Xincheng Real Estate Co Ltd. since November 2012. Mr. Lv h...


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

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


Key Information

  • Name: Seazen Holdings Co., Ltd
  • Ticker: 601155
  • Exchange: SHSE
  • Founded: 1993
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: CN¥103.840b
  • Shares outstanding: 2.25b
  • Website: https://www.seazen.com.cn

Number of Employees


Location

  • Seazen Holdings Co., Ltd
  • Future Land Development Holdings Limited Building No. 6
  • Lane 388
  • Shanghai
  • 200333
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
601155SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYDec 2015
601155XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYDec 2015

Biography

Seazen Holdings Co., Ltd engages in real estate development business in China. The company is involved in the development of urban complex projects and residential properties. It also provides business and...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/26 09:27
End of Day Share Price2021/01/26 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.