SZSE:000736

Stock Analysis Report

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Executive Summary

CCCG Real Estate Corporation Limited engages in the development, operation, and sale of real estate properties in China. More Details


Snowflake Analysis

Reasonable growth potential and fair value.

Share Price & News

How has CCCG Real Estate's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 000736 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 000736's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

0.6%

736

-0.5%

CN Real Estate

2.9%

CN Market


1 Year Return

17.4%

736

-6.0%

CN Real Estate

31.8%

CN Market

Return vs Industry: 000736 exceeded the CN Real Estate industry which returned -6% over the past year.

Return vs Market: 000736 underperformed the CN Market which returned 31.8% over the past year.


Shareholder returns

736IndustryMarket
7 Day0.6%-0.5%2.9%
30 Day-2.8%-1.6%7.2%
90 Day-12.2%-7.0%11.5%
1 Year18.9%17.4%-2.9%-6.0%34.0%31.8%
3 Year-10.1%-15.6%-26.6%-32.6%23.1%17.0%
5 Year27.6%19.5%-3.4%-13.8%51.6%41.1%

Long-Term Price Volatility Vs. Market

How volatile is CCCG Real Estate's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is CCCG Real Estate undervalued compared to its fair value and its price relative to the market?

6.7x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 000736 (CN¥6.5) is trading above our estimate of fair value (CN¥0.21)

Significantly Below Fair Value: 000736 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 000736 is good value based on its PE Ratio (6.7x) compared to the CN Real Estate industry average (14.8x).

PE vs Market: 000736 is good value based on its PE Ratio (6.7x) compared to the CN market (35.1x).


Price to Earnings Growth Ratio

PEG Ratio: 000736 is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: 000736 is overvalued based on its PB Ratio (1.5x) compared to the CN Real Estate industry average (1.1x).


Next Steps

Future Growth

How is CCCG Real Estate forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

21.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 000736's forecast earnings growth (21.6% per year) is above the savings rate (3.3%).

Earnings vs Market: 000736's earnings (21.6% per year) are forecast to grow slower 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: 000736's revenue (27.5% per year) is forecast to grow faster than the CN market (18.3% per year).

High Growth Revenue: 000736's revenue (27.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 000736's Return on Equity is forecast to be low in 3 years time (19.8%).


Next Steps

Past Performance

How has CCCG Real Estate performed over the past 5 years?

36.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 000736 has a high level of non-cash earnings.

Growing Profit Margin: 000736's current net profit margins (3.8%) are lower than last year (5.2%).


Past Earnings Growth Analysis

Earnings Trend: 000736's earnings have grown significantly by 36.9% per year over the past 5 years.

Accelerating Growth: 000736's earnings growth over the past year (53.5%) exceeds its 5-year average (36.9% per year).

Earnings vs Industry: 000736 earnings growth over the past year (53.5%) exceeded the Real Estate industry -4.1%.


Return on Equity

High ROE: 000736's Return on Equity (13.6%) is considered low.


Next Steps

Financial Health

How is CCCG Real Estate's financial position?


Financial Position Analysis

Short Term Liabilities: 000736's short term assets (CN¥90.7B) exceed its short term liabilities (CN¥45.3B).

Long Term Liabilities: 000736's short term assets (CN¥90.7B) exceed its long term liabilities (CN¥36.5B).


Debt to Equity History and Analysis

Debt Level: 000736's debt to equity ratio (395.1%) is considered high.

Reducing Debt: 000736's debt to equity ratio has increased from 118.9% to 395.1% over the past 5 years.

Debt Coverage: 000736's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 000736's interest payments on its debt are well covered by EBIT (59.5x coverage).


Balance Sheet


Next Steps

Dividend

What is CCCG Real Estate current dividend yield, its reliability and sustainability?

1.30%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 000736's dividend (1.3%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 000736's dividend (1.3%) is low compared to the top 25% of dividend payers in the CN market (1.81%).


Stability and Growth of Payments

Stable Dividend: 000736 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 000736's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (8.7%), 000736's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

12.1yrs

Average management tenure


CEO

Wende Wu (56 yo)

12.08yrs

Tenure

CN¥397,500

Compensation

Mr. Wende Wu is the Vice General Manager and Director at CCCG Real Estate Group Co., Ltd. He has been General Manager China Real Estate Corporation Limited since December 2008. Mr. Wu served as Deputy Gene...


Leadership Team

NamePositionTenureCompensationOwnership
Wende Wu
General Manager and Non-Independent Director12.08yrsCN¥397.50kno data
Huan Nie
Chief Financial Officerno dataCN¥598.80kno data
Ji Liang
Deputy General Managerno dataCN¥646.30kno data
Jun Shen
Deputy General Managerno dataCN¥456.70kno data
Yu Tian
Secretaryno dataCN¥598.00kno data
Sun Weidong
Deputy General Manager and Non-Independent Director9.67yrsno datano data
Jian Cai
Deputy General Managerno dataCN¥289.30kno data
Dong Zhou
Vice Presidentno datano data0.00037%
CN¥ 16.7k
Shuli Wang
Secretary12.08yrsno datano data

12.1yrs

Average Tenure

55yo

Average Age

Experienced Management: 000736's management team is seasoned and experienced (12.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Wende Wu
General Manager and Non-Independent Director12.08yrsCN¥397.50kno data
Sun Weidong
Deputy General Manager and Non-Independent Director9.67yrsno datano data
Yusong Yang
Directorno datano datano data
Shi Qiangjun
Non-Independent Director12.08yrsCN¥73.90kno data
Fei Zhong
Director12.08yrsno datano data
Zichun Zhang
Director15.17yrsno datano data
Gongwei Shen
Independent Director15.83yrsCN¥24.00kno data
Ying Li
Independent Director15.83yrsCN¥24.00kno data
Taihua Yan
Independent Director15.83yrsCN¥24.00kno data
Shen Dongjin
Chairmanno dataCN¥2.00kno data
Hong Yu Liu
Independent Director9.67yrsCN¥82.00kno data
Zhong Geng
Chief Supervisorno datano datano data

12.1yrs

Average Tenure

56yo

Average Age

Experienced Board: 000736's board of directors are seasoned and experienced ( 12.1 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

CCCG Real Estate Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CCCG Real Estate Corporation Limited
  • Ticker: 736
  • Exchange: SZSE
  • Founded: 1993
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: CN¥4.520b
  • Shares outstanding: 695.43m

Number of Employees


Location

  • CCCG Real Estate Corporation Limited
  • No. 86 Jianxin North Road
  • Jiangbei District
  • Chongqing
  • 401147
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
736SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYMay 2009

Biography

CCCG Real Estate Corporation Limited engages in the development, operation, and sale of real estate properties in China. It operates through Real Estate Development and Sales, and Property and Leasing segm...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 09:24
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.