Jinke Property Group Co., Ltd. engages in the real estate development business in China. More Details
Very undervalued with adequate balance sheet and pays a dividend.
Share Price & News
How has Jinke Property Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 000656 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 000656's weekly volatility (5%) has been stable over the past year.
7 Day Return
CN Real Estate
1 Year Return
CN Real Estate
Return vs Industry: 000656 underperformed the CN Real Estate industry which returned -26.5% over the past year.
Return vs Market: 000656 underperformed the CN Market which returned 3.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Jinke Property Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Jinke Property Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 000656 (CN¥4.3) is trading below our estimate of fair value (CN¥22.25)
Significantly Below Fair Value: 000656 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 000656 is good value based on its PE Ratio (3.4x) compared to the CN Real Estate industry average (13.3x).
PE vs Market: 000656 is good value based on its PE Ratio (3.4x) compared to the CN market (31.7x).
Price to Earnings Growth Ratio
PEG Ratio: 000656 is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: 000656 is good value based on its PB Ratio (0.6x) compared to the CN Real Estate industry average (0.9x).
How is Jinke Property Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 000656's forecast earnings growth (17.6% per year) is above the savings rate (3.3%).
Earnings vs Market: 000656's earnings (17.6% per year) are forecast to grow slower than the CN market (22.3% per year).
High Growth Earnings: 000656's earnings are forecast to grow, but not significantly.
Revenue vs Market: 000656's revenue (20.1% per year) is forecast to grow faster than the CN market (18% per year).
High Growth Revenue: 000656's revenue (20.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 000656's Return on Equity is forecast to be low in 3 years time (19.3%).
How has Jinke Property Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 000656 has high quality earnings.
Growing Profit Margin: 000656's current net profit margins (7.5%) are lower than last year (8.4%).
Past Earnings Growth Analysis
Earnings Trend: 000656's earnings have grown significantly by 39.6% per year over the past 5 years.
Accelerating Growth: 000656's earnings growth over the past year (19.9%) is below its 5-year average (39.6% per year).
Earnings vs Industry: 000656 earnings growth over the past year (19.9%) exceeded the Real Estate industry 9.2%.
Return on Equity
High ROE: 000656's Return on Equity (13.5%) is considered low.
How is Jinke Property Group's financial position?
Financial Position Analysis
Short Term Liabilities: 000656's short term assets (CN¥338.4B) exceed its short term liabilities (CN¥245.7B).
Long Term Liabilities: 000656's short term assets (CN¥338.4B) exceed its long term liabilities (CN¥69.3B).
Debt to Equity History and Analysis
Debt Level: 000656's debt to equity ratio (134.1%) is considered high.
Reducing Debt: 000656's debt to equity ratio has reduced from 266.3% to 134.1% over the past 5 years.
Debt Coverage: 000656's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: 000656 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Jinke Property Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 000656's dividend (10.47%) is higher than the bottom 25% of dividend payers in the CN market (0.42%).
High Dividend: 000656's dividend (10.47%) is in the top 25% of dividend payers in the CN market (1.89%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 000656 has been paying a dividend for less than 10 years.
Growing Dividend: 000656's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.6%), 000656's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 000656's dividends in 3 years are forecast to be well covered by earnings (33.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Licheng Luo (56 yo)
Mr. Licheng Luo serves as Non-Executive Director at Jinke Smart Services Group Co., Ltd. since May 25, 2020. He serves as Co-President at Jinke Property Group Co., Ltd. since February 08, 2021 and served a...
Experienced Management: 000656's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Experienced Board: 000656's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Jinke Property Group Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Jinke Property Group Co., Ltd.
- Ticker: 656
- Exchange: SZSE
- Founded: 1994
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: CN¥20.757b
- Shares outstanding: 4.83b
- Website: https://www.jinke.com
Number of Employees
- Jinke Property Group Co., Ltd.
- Building 1
- Jinke Center
Jinke Property Group Co., Ltd. engages in the real estate development business in China. The company also provides intelligent service solutions to residential and commercial buildings, industrial parks, p...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/31 09:24|
|End of Day Share Price||2021/07/30 00:00|
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.