| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
863 Overview
Sanxiang Impression Co., Ltd. develops and operates real estate properties in China.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥3.33 |
| 52 Week High | CN¥2.95 |
| 52 Week Low | CN¥5.35 |
| Beta | 0.14 |
| 1 Month Change | 9.18% |
| 3 Month Change | 0.30% |
| 1 Year Change | -18.38% |
| 3 Year Change | -19.18% |
| 5 Year Change | -65.67% |
| Change since IPO | -54.45% |
Recent News & Updates
Shareholder Returns
| 863 | CN Real Estate | CN Market | |
|---|---|---|---|
| 7D | -2.1% | -3.6% | -2.4% |
| 1Y | -18.4% | -23.9% | 9.2% |
Return vs Industry: 000863 exceeded the CN Real Estate industry which returned -23.9% over the past year.
Return vs Market: 000863 underperformed the CN Market which returned 9.2% over the past year.
Price Volatility
| 863 volatility | |
|---|---|
| 863 Beta | 0.14 |
| Industry Beta | 0.71 |
| Market Beta | 1 |
Stable Share Price: 000863 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 000863's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 500 | Sheng Wang | https://www.sxgf.com |
Sanxiang Impression Co., Ltd. develops and operates real estate properties in China. The company offers integrating construction, installation, building materials processing, decoration design, real estate agencies, advertising communication, and property management services. It also conducts cultural performances and experiential scene drama.
Sanxiang Impression Fundamentals Summary
| 863 fundamental statistics | |
|---|---|
| Market Cap | CN¥3.93b |
| Earnings (TTM) | CN¥425.66m |
| Revenue (TTM) | CN¥7.01b |
9.2x
P/E Ratio0.6x
P/S RatioIs 863 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 863 income statement (TTM) | |
|---|---|
| Revenue | CN¥7.01b |
| Cost of Revenue | CN¥6.06b |
| Gross Profit | CN¥959.23m |
| Expenses | CN¥533.57m |
| Earnings | CN¥425.66m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.33 |
| Gross Margin | 13.67% |
| Net Profit Margin | 6.07% |
| Debt/Equity Ratio | 33.8% |
How did 863 perform over the long term?
See historical performance and comparisonDividends
24.0%
Current Dividend Yield120%
Payout RatioValuation
Is Sanxiang Impression 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: 000863 (CN¥3.33) is trading below our estimate of fair value (CN¥6.85)
Significantly Below Fair Value: 000863 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 000863 is good value based on its PE Ratio (9.2x) compared to the CN Real Estate industry average (12.7x).
PE vs Market: 000863 is good value based on its PE Ratio (9.2x) compared to the CN market (34.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 000863's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 000863 is good value based on its PB Ratio (0.8x) compared to the CN Real Estate industry average (1.1x).
Future Growth
How is Sanxiang Impression forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.4%
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sanxiang Impression has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Sanxiang Impression performed over the past 5 years?
-24.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 000863 has high quality earnings.
Growing Profit Margin: 000863 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 000863's earnings have declined by 24.5% per year over the past 5 years.
Accelerating Growth: 000863 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 000863 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (19.2%).
Return on Equity
High ROE: 000863's Return on Equity (7.5%) is considered low.
Financial Health
How is Sanxiang Impression's financial position?
Financial Position Analysis
Short Term Liabilities: 000863's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 000863's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 000863's debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: 000863's debt to equity ratio has reduced from 76.6% to 33.8% over the past 5 years.
Debt Coverage: 000863's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: 000863's interest payments on its debt are well covered by EBIT (9.3x coverage).
Balance Sheet
Dividend
What is Sanxiang Impression current dividend yield, its reliability and sustainability?
24.02%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 000863's dividend (24.02%) is higher than the bottom 25% of dividend payers in the CN market (0.41%).
High Dividend: 000863's dividend (24.02%) is in the top 25% of dividend payers in the CN market (1.79%)
Stability and Growth of Payments
Stable Dividend: 000863 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000863's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (119.5%), 000863's dividend payments are not well 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?
3.3yrs
Average board tenure
CEO
Sheng Wang
1.67yrs
Tenure
Mr. Sheng Wang serves as President at Sanxiang Impression Co., Ltd. since 2020 and has been its Non-Independent Director since August 10, 2020. Mr. Wang serves as a Vice President at Shanghai Oriental Pear...
Board Members
Experienced Board: 000863's board of directors are considered experienced (3.3 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
Sanxiang Impression Co., Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: Sanxiang Impression Co., Ltd.
- Ticker: 863
- Exchange: SZSE
- Founded: 1996
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: CN¥3.932b
- Shares outstanding: 1.18b
- Website: https://www.sxgf.com
Number of Employees
Location
- Sanxiang Impression Co., Ltd.
- Room 501
- No. 333, Yixian Road
- Shanghai
- 200434
- China
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/19 09:03 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.