SZSE:000628

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ChengDu Hi-Tech Development

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


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

628IndustryMarket
7 Day4.0%-0.5%2.9%
30 Day4.0%-1.6%7.2%
90 Day1.8%-7.0%11.5%
1 Year-11.3%-11.3%-2.9%-6.0%34.0%31.8%
3 Year0.6%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

NamePositionTenureCompensationOwnership
Shu Shen
Deputy GM & Director8.17yrsCN¥497.70kno data
Yanqi Yang
Deputy GM8.17yrsno datano data
Jia Chen
Chairman of Supervisory Boardno dataCN¥312.60kno data
Xiaobo Li
Non-Independent Director8.17yrsno datano data
Yaping Xu
Supervisor6.58yrsno datano data
Mingan Gu
Independent Director5.33yrsCN¥60.60kno data
Jun Xu
Director6.58yrsno datano data
Yue Dong Li
Independent Director5.67yrsCN¥60.60kno data
Zheng Ren
Chairman2yrsno datano data
Dong Feng
Non-Independent Director1.33yrsno datano data
Yue Huang
Non-Independent Director1.33yrsno datano data
Ming Huang
Independent Director1.33yrsno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
628SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYNov 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 09:21
End of Day Share Price2021/01/22 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.