SHSE:603506

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Nacity Property Service Group

Executive Summary

Nacity Property Service Group Co., Ltd. provides real estate property management services in China. More Details


Snowflake Analysis

Flawless balance sheet with high growth potential.

Share Price & News

How has Nacity Property Service Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 603506 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 603506's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

6.1%

603506

0.5%

CN Real Estate

-1.2%

CN Market


1 Year Return

0.4%

603506

-10.1%

CN Real Estate

25.4%

CN Market

Return vs Industry: 603506 exceeded the CN Real Estate industry which returned -10.1% over the past year.

Return vs Market: 603506 underperformed the CN Market which returned 25.4% over the past year.


Shareholder returns

603506IndustryMarket
7 Day6.1%0.5%-1.2%
30 Day8.8%-3.6%4.3%
90 Day-4.1%-7.8%5.8%
1 Year1.2%0.4%-7.2%-10.1%27.5%25.4%
3 Yearn/a-24.5%-30.6%23.2%17.0%
5 Yearn/a-9.4%-18.9%39.0%29.5%

Long-Term Price Volatility Vs. Market

How volatile is Nacity Property Service Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Nacity Property Service Group undervalued compared to its fair value and its price relative to the market?

22.67x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 603506 (CN¥22.21) is trading above our estimate of fair value (CN¥6.62)

Significantly Below Fair Value: 603506 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 603506 is poor value based on its PE Ratio (22.7x) compared to the CN Real Estate industry average (14.5x).

PE vs Market: 603506 is good value based on its PE Ratio (22.7x) compared to the CN market (35x).


Price to Earnings Growth Ratio

PEG Ratio: 603506 is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: 603506 is overvalued based on its PB Ratio (3.8x) compared to the CN Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Nacity Property Service Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

26.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603506's forecast earnings growth (26.2% per year) is above the savings rate (3.3%).

Earnings vs Market: 603506's earnings (26.2% per year) are forecast to grow faster than the CN market (24.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 603506's revenue (23.2% per year) is forecast to grow faster than the CN market (18.1% per year).

High Growth Revenue: 603506's revenue (23.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 603506's Return on Equity is forecast to be low in 3 years time (18.2%).


Next Steps

Past Performance

How has Nacity Property Service Group performed over the past 5 years?

57.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 603506 has high quality earnings.

Growing Profit Margin: 603506's current net profit margins (9.7%) are higher than last year (9.2%).


Past Earnings Growth Analysis

Earnings Trend: 603506 has become profitable over the past 5 years, growing earnings by 57.6% per year.

Accelerating Growth: 603506's earnings growth over the past year (17.7%) is below its 5-year average (57.6% per year).

Earnings vs Industry: 603506 earnings growth over the past year (17.7%) exceeded the Real Estate industry -3.3%.


Return on Equity

High ROE: 603506's Return on Equity (17.3%) is considered low.


Next Steps

Financial Health

How is Nacity Property Service Group's financial position?


Financial Position Analysis

Short Term Liabilities: 603506's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥899.5M).

Long Term Liabilities: 603506's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥1.5M).


Debt to Equity History and Analysis

Debt Level: 603506 is debt free.

Reducing Debt: 603506 has not had any debt for past 5 years.

Debt Coverage: 603506 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 603506 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Nacity Property Service Group current dividend yield, its reliability and sustainability?

1.15%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 603506's dividend (1.15%) is higher than the bottom 25% of dividend payers in the CN market (0.4%).

High Dividend: 603506's dividend (1.15%) is low compared to the top 25% of dividend payers in the CN market (1.81%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 603506 has been paying a dividend for less than 10 years.

Growing Dividend: 603506's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26%), 603506'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?


CEO

Nacity Property Service Group has no CEO, or we have no data on them.


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

Nacity Property Service Group Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nacity Property Service Group Co., Ltd.
  • Ticker: 603506
  • Exchange: SHSE
  • Founded: 1993
  • Industry: Real Estate Services
  • Sector: Real Estate
  • Market Cap: CN¥2.979b
  • Shares outstanding: 134.13m
  • Website: https://www.nacityres.com

Number of Employees


Location

  • Nacity Property Service Group Co., Ltd.
  • Union Building
  • Unit 1, Unit 1, 10Th Floor
  • Hangzhou
  • Zhejiang Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
603506SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYFeb 2018

Biography

Nacity Property Service Group Co., Ltd. provides real estate property management services in China. It offers case, consultancy, and value-added services for residential properties, commercial complexes, o...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/17 09:30
End of Day Share Price2021/01/15 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.