SZSE:000671

Stock Analysis Report

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Executive Summary

Yango Group Co., Ltd develops and operates real estate properties in China. More Details


Snowflake Analysis

Very undervalued with solid track record and pays a dividend.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 000671 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 000671's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-7.5%

671

-3.4%

CN Real Estate

1.9%

CN Market


1 Year Return

-13.5%

671

-7.2%

CN Real Estate

32.4%

CN Market

Return vs Industry: 000671 underperformed the CN Real Estate industry which returned -7.2% over the past year.

Return vs Market: 000671 underperformed the CN Market which returned 32.4% over the past year.


Shareholder returns

671IndustryMarket
7 Day-7.5%-3.4%1.9%
30 Day-4.3%-1.7%7.6%
90 Day-11.7%-6.3%11.5%
1 Year-10.9%-13.5%-4.2%-7.2%34.6%32.4%
3 Year-32.9%-36.0%-26.7%-32.8%25.4%19.1%
5 Year2.6%-3.9%-3.7%-14.0%54.1%43.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Yango 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: 000671 (CN¥6.2) is trading below our estimate of fair value (CN¥38.61)

Significantly Below Fair Value: 000671 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 000671 is good value based on its PE Ratio (5.1x) compared to the CN Real Estate industry average (14.4x).

PE vs Market: 000671 is good value based on its PE Ratio (5.1x) compared to the CN market (34.5x).


Price to Earnings Growth Ratio

PEG Ratio: 000671 is good value based on its PEG Ratio (0.2x)


Price to Book Ratio

PB vs Industry: 000671 is good value based on its PB Ratio (0.9x) compared to the CN Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Yango Group forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

21.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 000671's forecast earnings growth (21.7% per year) is above the savings rate (3.3%).

Earnings vs Market: 000671's earnings (21.7% per year) are forecast to grow slower than the CN market (24.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 000671's revenue (20.9% per year) is forecast to grow faster than the CN market (18.4% per year).

High Growth Revenue: 000671's revenue (20.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 000671's Return on Equity is forecast to be low in 3 years time (19.4%).


Next Steps

Past Performance

How has Yango Group performed over the past 5 years?

29.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 000671 has high quality earnings.

Growing Profit Margin: 000671's current net profit margins (6.4%) are higher than last year (6%).


Past Earnings Growth Analysis

Earnings Trend: 000671's earnings have grown significantly by 29% per year over the past 5 years.

Accelerating Growth: 000671's earnings growth over the past year (44.5%) exceeds its 5-year average (29% per year).

Earnings vs Industry: 000671 earnings growth over the past year (44.5%) exceeded the Real Estate industry -4.1%.


Return on Equity

High ROE: 000671's Return on Equity (9.6%) is considered low.


Next Steps

Financial Health

How is Yango Group's financial position?


Financial Position Analysis

Short Term Liabilities: 000671's short term assets (CN¥312.3B) exceed its short term liabilities (CN¥222.9B).

Long Term Liabilities: 000671's short term assets (CN¥312.3B) exceed its long term liabilities (CN¥78.2B).


Debt to Equity History and Analysis

Debt Level: 000671's debt to equity ratio (199.6%) is considered high.

Reducing Debt: 000671's debt to equity ratio has reduced from 270.7% to 199.6% over the past 5 years.

Debt Coverage: 000671's debt is well covered by operating cash flow (23.5%).

Interest Coverage: 000671 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

3.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 000671's dividend (3.22%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 000671's dividend (3.22%) is in the top 25% of dividend payers in the CN market (1.84%)


Stability and Growth of Payments

Stable Dividend: 000671's dividend payments have been volatile in the past 10 years.

Growing Dividend: 000671's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16.3%), 000671's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 000671's dividends in 3 years are forecast to be well covered by earnings (24.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average management tenure


CEO

Rongbin Zhu (48 yo)

3.5yrs

Tenure

CN¥6,000,000

Compensation

Mr. Rongbin Zhu has been the President and Executive Director of Yango Group Co., Ltd since July 10, 2017.


Leadership Team

NamePositionTenureCompensationOwnership
Rongbin Zhu
President & Executive Director3.5yrsCN¥6.00mno data
Ni Chen
Financial Director3.75yrsCN¥3.00mno data
Minjing Xu
Secretary of the Board2.5yrsCN¥1.10mno data
Feng Wang
General Managerno dataCN¥2.50mno data
Rao Jun
Vice Presidentno dataCN¥2.30mno data

3.5yrs

Average Tenure

46yo

Average Age

Experienced Management: 000671's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rongbin Zhu
President & Executive Director3.5yrsCN¥6.00mno data
Mei He
Director7yrsCN¥3.00m0.72%
CN¥ 186.8m
Tengjiao Lin
Chairman7yrsno datano data
Jian Feng Liao
Director7yrsCN¥3.00mno data
Jie Wu
Chairman of the Supervisory Board7yrsno datano data
Yi Hui Lin
Director7yrsCN¥3.00mno data
Changhao Zhong
Director2.67yrsno datano data
Xiangdong Wu
Independent Director1.08yrsno datano data
Xiaoma Lu
Independent Director3.75yrsCN¥200.00kno data
Jingdong Liu
Independent Director3.75yrsCN¥200.00kno data
Yongqing Guo
Independent Director0.67yrno datano data
Dawei Xia
Independent Director0.17yrno datano data

3.8yrs

Average Tenure

52yo

Average Age

Experienced Board: 000671's board of directors are considered experienced (3.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Yango Group Co., Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Yango Group Co., Ltd
  • Ticker: 671
  • Exchange: SZSE
  • Founded: 1995
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: CN¥26.030b
  • Shares outstanding: 4.11b
  • Website: https://www.yango.com.cn

Number of Employees


Location

  • Yango Group Co., Ltd
  • Sunshine Holdings Building
  • 18th Floor
  • Shanghai
  • 200082
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
671SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYJan 1997
671XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYJan 1997

Biography

Yango Group Co., Ltd develops and operates real estate properties in China. It develops residential and commercial building, hotel, and industrial projects. The company was founded in 1995 and is headquart...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/26 09:16
End of Day Share Price2021/01/26 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.