ChengDu Hi-Tech Development
Market Cap
CN¥3.0b
Last Updated
2021/01/23 09:21 UTC
Data Sources
Company Financials +
Executive Summary
ChengDu Hi-Tech Development Co., Ltd. engages in the construction, futures brokerage, kitchen cabinet manufacturing, real estate, and other businesses in China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Exceptional growth potential with proven track record.
Share Price & News
How has ChengDu Hi-Tech Development's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 000628 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 000628's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
4.0%
628
-0.5%
CN Real Estate
2.9%
CN Market
1 Year Return
-11.3%
628
-6.0%
CN Real Estate
31.8%
CN Market
Return vs Industry: 000628 underperformed the CN Real Estate industry which returned -6% over the past year.
Return vs Market: 000628 underperformed the CN Market which returned 31.8% over the past year.
Shareholder returns
| 628 | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.0% | -0.5% | 2.9% |
| 30 Day | 4.0% | -1.6% | 7.2% |
| 90 Day | 1.8% | -7.0% | 11.5% |
| 1 Year | -11.3%-11.3% | -2.9%-6.0% | 34.0%31.8% |
| 3 Year | 0.6%0.6% | -26.6%-32.6% | 23.1%17.0% |
| 5 Year | -21.6%-21.6% | -3.4%-13.8% | 51.6%41.1% |
Long-Term Price Volatility Vs. Market
How volatile is ChengDu Hi-Tech Development's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is ChengDu Hi-Tech Development undervalued compared to its fair value and its price relative to the market?
16.73x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 000628's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 000628's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 000628 is poor value based on its PE Ratio (16.7x) compared to the CN Real Estate industry average (14.8x).
PE vs Market: 000628 is good value based on its PE Ratio (16.7x) compared to the CN market (35.1x).
Price to Earnings Growth Ratio
PEG Ratio: 000628 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: 000628 is overvalued based on its PB Ratio (2.4x) compared to the CN Real Estate industry average (1.1x).
Next Steps
Future Growth
How is ChengDu Hi-Tech Development forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
36.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 000628's forecast earnings growth (36.3% per year) is above the savings rate (3.3%).
Earnings vs Market: 000628's earnings (36.3% per year) are forecast to grow faster than the CN market (24.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 000628's revenue (32.9% per year) is forecast to grow faster than the CN market (18.3% per year).
High Growth Revenue: 000628's revenue (32.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 000628's Return on Equity is forecast to be high in 3 years time (20.3%)
Next Steps
Past Performance
How has ChengDu Hi-Tech Development performed over the past 5 years?
32.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 000628 has high quality earnings.
Growing Profit Margin: 000628's current net profit margins (3.2%) are lower than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: 000628 has become profitable over the past 5 years, growing earnings by 32.1% per year.
Accelerating Growth: 000628's earnings growth over the past year (84.7%) exceeds its 5-year average (32.1% per year).
Earnings vs Industry: 000628 earnings growth over the past year (84.7%) exceeded the Real Estate industry -4.1%.
Return on Equity
High ROE: 000628's Return on Equity (13.5%) is considered low.
Next Steps
Financial Health
How is ChengDu Hi-Tech Development's financial position?
Financial Position Analysis
Short Term Liabilities: 000628's short term assets (CN¥6.0B) exceed its short term liabilities (CN¥4.7B).
Long Term Liabilities: 000628's short term assets (CN¥6.0B) exceed its long term liabilities (CN¥539.3M).
Debt to Equity History and Analysis
Debt Level: 000628's debt to equity ratio (81.6%) is considered high.
Reducing Debt: 000628's debt to equity ratio has increased from 33.4% to 81.6% over the past 5 years.
Debt Coverage: 000628's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000628's interest payments on its debt are well covered by EBIT (329.7x coverage).
Balance Sheet
Next Steps
Dividend
What is ChengDu Hi-Tech Development current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 000628's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 000628'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 000628's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 000628'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 000628'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?
5.7yrs
Average board tenure
CEO
ChengDu Hi-Tech Development has no CEO, or we have no data on them.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Deputy GM & Director | 8.17yrs | CN¥497.70k | no data | |
| Deputy GM | 8.17yrs | no data | no data | |
| Chairman of Supervisory Board | no data | CN¥312.60k | no data | |
| Non-Independent Director | 8.17yrs | no data | no data | |
| Supervisor | 6.58yrs | no data | no data | |
| Independent Director | 5.33yrs | CN¥60.60k | no data | |
| Director | 6.58yrs | no data | no data | |
| Independent Director | 5.67yrs | CN¥60.60k | no data | |
| Chairman | 2yrs | no data | no data | |
| Non-Independent Director | 1.33yrs | no data | no data | |
| Non-Independent Director | 1.33yrs | no data | no data | |
| Independent Director | 1.33yrs | no data | no data |
5.7yrs
Average Tenure
51yo
Average Age
Experienced Board: 000628's board of directors are considered experienced (5.7 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 13.1%.
Top Shareholders
Company Information
ChengDu Hi-Tech Development Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: ChengDu Hi-Tech Development Co., Ltd.
- Ticker: 628
- Exchange: SZSE
- Founded: 1995
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: CN¥2.998b
- Shares outstanding: 352.28m
- Website: https://www.cdgxfz.com
Number of Employees
Location
- ChengDu Hi-Tech Development Co., Ltd.
- No. 8, Jiuxing Avenue
- High-tech Zone
- Chengdu
- Sichuan Province
- 610041
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 628 | SZSE (Shenzhen Stock Exchange) | Yes | Domestic Shares | CN | CNY | Nov 1996 |
Biography
ChengDu Hi-Tech Development Co., Ltd. engages in the construction, futures brokerage, kitchen cabinet manufacturing, real estate, and other businesses in China. It manages various properties, including res...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 09:21 |
| 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.