SZSE:000011

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Shenzhen Properties & Resources Development (Group)

Executive Summary

ShenZhen Properties & Resources Development (Group) Ltd. More Details


Snowflake Analysis

Average dividend payer with mediocre balance sheet.

Share Price & News

How has Shenzhen Properties & Resources Development (Group)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 000011 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 000011's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-11.6%

11

-3.4%

CN Real Estate

1.9%

CN Market


1 Year Return

21.8%

11

-7.2%

CN Real Estate

32.4%

CN Market

Return vs Industry: 000011 exceeded the CN Real Estate industry which returned -7.2% over the past year.

Return vs Market: 000011 underperformed the CN Market which returned 32.4% over the past year.


Shareholder returns

11IndustryMarket
7 Day-11.6%-3.4%1.9%
30 Day-9.2%-1.7%7.6%
90 Day-27.4%-6.3%11.5%
1 Year26.8%21.8%-4.2%-7.2%34.6%32.4%
3 Year-31.4%-37.7%-26.7%-32.8%25.4%19.1%
5 Year19.9%7.2%-3.7%-14.0%54.1%43.5%

Long-Term Price Volatility Vs. Market

How volatile is Shenzhen Properties & Resources Development (Group)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Shenzhen Properties & Resources Development (Group) undervalued compared to its fair value and its price relative to the market?

7.7x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 000011 (CN¥10.74) is trading above our estimate of fair value (CN¥3.56)

Significantly Below Fair Value: 000011 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 000011 is good value based on its PE Ratio (7.7x) compared to the CN Real Estate industry average (14.4x).

PE vs Market: 000011 is good value based on its PE Ratio (7.7x) compared to the CN market (34.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 000011's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 000011 is overvalued based on its PB Ratio (2x) compared to the CN Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Shenzhen Properties & Resources Development (Group) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.4%

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 Shenzhen Properties & Resources Development (Group) 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 Shenzhen Properties & Resources Development (Group) performed over the past 5 years?

27.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 000011 has a high level of non-cash earnings.

Growing Profit Margin: 000011's current net profit margins (19.6%) are lower than last year (20%).


Past Earnings Growth Analysis

Earnings Trend: 000011's earnings have grown significantly by 27.5% per year over the past 5 years.

Accelerating Growth: 000011's earnings growth over the past year (13.4%) is below its 5-year average (27.5% per year).

Earnings vs Industry: 000011 earnings growth over the past year (13.4%) exceeded the Real Estate industry -4.1%.


Return on Equity

High ROE: Whilst 000011's Return on Equity (23.79%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Shenzhen Properties & Resources Development (Group)'s financial position?


Financial Position Analysis

Short Term Liabilities: 000011's short term assets (CN¥10.8B) exceed its short term liabilities (CN¥5.3B).

Long Term Liabilities: 000011's short term assets (CN¥10.8B) exceed its long term liabilities (CN¥3.7B).


Debt to Equity History and Analysis

Debt Level: 000011's debt to equity ratio (136.7%) is considered high.

Reducing Debt: 000011's debt to equity ratio has increased from 17.1% to 136.7% over the past 5 years.

Debt Coverage: 000011's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 000011's interest payments on its debt are well covered by EBIT (9.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Shenzhen Properties & Resources Development (Group) current dividend yield, its reliability and sustainability?

3.35%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 000011's dividend (3.35%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 000011's dividend (3.35%) is in the top 25% of dividend payers in the CN market (1.84%)


Stability and Growth of Payments

Stable Dividend: 000011's dividend payments have been volatile in the past 10 years.

Growing Dividend: 000011's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (25.8%), 000011'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?

2.6yrs

Average management tenure


CEO

Shenzhen Properties & Resources Development (Group) has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Xueying Shen
CFO & Non-Independent Director2.58yrsCN¥835.80kno data
Hangjun Wang
Vice GM & Non-Independent Director2.58yrsno datano data
Zhang Gejian
Vice General Manager2.58yrsCN¥905.80kno data
Weiping Fan
Chief Legal Adviser8.92yrsCN¥1.13mno data
Lili Cai
Vice General Manager & Head of Financial Affairs2.58yrsCN¥665.00kno data
Peng Li
Vice General Manager2.58yrsCN¥843.70kno data
Qiuping Wang
Manager of Development Management Department9.58yrsCN¥384.04kno data
Qiang Liu
Head of the Financial Departmentno datano datano data

2.6yrs

Average Tenure

50yo

Average Age

Experienced Management: 000011's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Xueying Shen
CFO & Non-Independent Director2.58yrsCN¥835.80kno data
Hangjun Wang
Vice GM & Non-Independent Director2.58yrsno datano data
Qiuping Wang
Manager of Development Management Department9.58yrsCN¥384.04kno data
Shilei Zhang
Non-Independent Director2.58yrsno datano data
Xianhua Dai
Chairman of Supervisory Boardno datano datano data
Shengxiang Liu
Chairman of the Boardno dataCN¥773.60kno data
Xiaodong Wei
Non-Independent Director2.58yrsCN¥665.00kno data
Ge Wang
Non-Independent Director2.58yrsno datano data
Hongchang Yuan
Independent Director3.75yrsCN¥80.00kno data
Yonghong Mei
Independent Director2.58yrsCN¥43.30kno data
Qingyuan Li
Independent Director2.58yrsCN¥43.30kno data
Chang Xie
Non-Independent Director0.75yrno datano data

2.6yrs

Average Tenure

50yo

Average Age

Experienced Board: 000011's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


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

Shenzhen Properties & Resources Development (Group) Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shenzhen Properties & Resources Development (Group) Ltd.
  • Ticker: 11
  • Exchange: SZSE
  • Founded: NaN
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: CN¥6.021b
  • Shares outstanding: 595.98m
  • Website: https://www.szwuye.com.cn

Number of Employees


Location

  • Shenzhen Properties & Resources Development (Group) Ltd.
  • International Trade Center
  • 39th and 42nd Floors
  • Shenzhen
  • Guangdong Province
  • 518014
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
11SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYApr 1993
200011SZSE (Shenzhen Stock Exchange)Foreign Shares-Domestically ListedCNHKDApr 1993
11XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYApr 1993

Biography

ShenZhen Properties & Resources Development (Group) Ltd. engages in real estate, property management, catering services, and other businesses in Mainland of China and internationally. It is involved in the...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/26 09:18
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.