SZSE:000540

Stock Analysis Report

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Zhongtian Financial Group

Executive Summary

Zhongtian Financial Group Company Limited provides various financial services. More Details


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

How has Zhongtian Financial Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 000540 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 000540's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

2.8%

540

3.4%

CN Real Estate

0.5%

CN Market


1 Year Return

-4.6%

540

-7.0%

CN Real Estate

25.8%

CN Market

Return vs Industry: 000540 exceeded the CN Real Estate industry which returned -7% over the past year.

Return vs Market: 000540 underperformed the CN Market which returned 25.8% over the past year.


Shareholder returns

540IndustryMarket
7 Day2.8%3.4%0.5%
30 Day-7.0%-0.5%4.7%
90 Day-12.0%-4.8%8.1%
1 Year-4.6%-4.6%-4.0%-7.0%27.9%25.8%
3 Yearn/a-24.8%-30.9%21.3%15.3%
5 Year-27.3%-32.7%-0.2%-10.9%49.4%39.2%

Long-Term Price Volatility Vs. Market

How volatile is Zhongtian Financial Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Zhongtian Financial Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 000540 (CN¥2.92) is trading below our estimate of fair value (CN¥11.42)

Significantly Below Fair Value: 000540 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 000540 is poor value based on its PE Ratio (50x) compared to the CN Real Estate industry average (14.7x).

PE vs Market: 000540 is poor value based on its PE Ratio (50x) compared to the CN market (35.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 000540's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 000540's PB Ratio (1.1x) is in line with the CN Real Estate industry average.


Next Steps

Future Growth

How is Zhongtian Financial Group 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 Zhongtian Financial 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 Zhongtian Financial Group performed over the past 5 years?

-25.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 000540 has high quality earnings.

Growing Profit Margin: 000540's current net profit margins (1.7%) are lower than last year (6.1%).


Past Earnings Growth Analysis

Earnings Trend: 000540's earnings have declined by 25.3% per year over the past 5 years.

Accelerating Growth: 000540's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 000540 had negative earnings growth (-72.3%) over the past year, making it difficult to compare to the Real Estate industry average (-3.3%).


Return on Equity

High ROE: 000540's Return on Equity (1.5%) is considered low.


Next Steps

Financial Health

How is Zhongtian Financial Group's financial position?


Financial Position Analysis

Short Term Liabilities: 000540's short term assets (CN¥79.9B) exceed its short term liabilities (CN¥41.2B).

Long Term Liabilities: 000540's short term assets (CN¥79.9B) exceed its long term liabilities (CN¥70.5B).


Debt to Equity History and Analysis

Debt Level: 000540's debt to equity ratio (187.5%) is considered high.

Reducing Debt: 000540's debt to equity ratio has increased from 108.6% to 187.5% over the past 5 years.

Debt Coverage: 000540's debt is well covered by operating cash flow (32.2%).

Interest Coverage: 000540's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Zhongtian Financial Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 000540's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 000540'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 000540's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 000540's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 000540 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 000540'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?

1.6yrs

Average board tenure


CEO

Zhongtian Financial Group has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Kai Li
Executive Vice President and Directorno dataCN¥1.12m0.078%
CN¥ 15.9m
Lian Yu
Executive VP & Non-Employee Supervisor1.58yrsCN¥616.10k0.067%
CN¥ 13.6m
Zhi Zhang
Executive President and Directorno dataCN¥1.40m0.16%
CN¥ 33.3m
Wang Zhong
Executive VP1.58yrsno data0.033%
CN¥ 6.7m
Mei Li
Chairman of The Supervisory Boardno dataCN¥802.40kno data
Yuping Luo
Chairmanno dataCN¥686.00kno data
Wei Shi
Vice Chairmanno dataCN¥686.00k0.12%
CN¥ 24.1m
Li Kang
Director8yrsCN¥60.00kno data
Hu Zhong
Independent Director6.67yrsCN¥35.00kno data
Wu Min
Independent Director6.33yrsCN¥20.00kno data
Zhengnan Li
Non-Independent Director1.58yrsno datano data
Xuan Zhang
Non-independent Director1.58yrsno datano data

1.6yrs

Average Tenure

54.5yo

Average Age

Experienced Board: 000540's board of directors are not considered experienced ( 1.6 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

Zhongtian Financial Group Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zhongtian Financial Group Company Limited
  • Ticker: 540
  • Exchange: SZSE
  • Founded: 1978
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: CN¥20.293b
  • Shares outstanding: 6.97b
  • Website: https://ztfgroup.com

Number of Employees


Location

  • Zhongtian Financial Group Company Limited
  • Zhongtian 201 Center
  • No. 3 Zhongtian Road
  • Guiyang
  • Guizhou Province
  • 550081
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
540SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYSep 1996
540XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYSep 1996

Biography

Zhongtian Financial Group Company Limited provides various financial services. The company offers various insurance products; investment banking services, such as capital management, wealth management, and...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 09:14
End of Day Share Price2021/01/21 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.