Sanxiang Impression
Market Cap
CN¥6.0b
Last Updated
2021/01/23 09:22 UTC
Data Sources
Company Financials +
Executive Summary
Sanxiang Impression Co., Ltd. develops and operates real estate properties in China. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with adequate balance sheet.
Share Price & News
How has Sanxiang Impression's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 000863 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 000863's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
5.4%
863
-0.5%
CN Real Estate
2.9%
CN Market
1 Year Return
15.4%
863
-6.0%
CN Real Estate
31.8%
CN Market
Return vs Industry: 000863 exceeded the CN Real Estate industry which returned -6% over the past year.
Return vs Market: 000863 underperformed the CN Market which returned 31.8% over the past year.
Shareholder returns
| 863 | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.4% | -0.5% | 2.9% |
| 30 Day | 10.4% | -1.6% | 7.2% |
| 90 Day | 20.0% | -7.0% | 11.5% |
| 1 Year | 25.3%15.4% | -2.9%-6.0% | 34.0%31.8% |
| 3 Year | 9.9%-3.0% | -26.6%-32.6% | 23.1%17.0% |
| 5 Year | -20.2%-32.4% | -3.4%-13.8% | 51.6%41.1% |
Long-Term Price Volatility Vs. Market
How volatile is Sanxiang Impression's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
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¥5.09) is trading below our estimate of fair value (CN¥38)
Significantly Below Fair Value: 000863 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 000863 is poor value based on its PE Ratio (60.2x) compared to the CN Real Estate industry average (14.8x).
PE vs Market: 000863 is poor value based on its PE Ratio (60.2x) compared to the CN market (35.1x).
Price to Earnings Growth Ratio
PEG Ratio: 000863 is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: 000863 is overvalued based on its PB Ratio (1.3x) compared to the CN Real Estate industry average (1.1x).
Next Steps
Future Growth
How is Sanxiang Impression forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
58.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 000863's forecast earnings growth (58.2% per year) is above the savings rate (3.3%).
Earnings vs Market: 000863's earnings (58.2% 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: 000863's revenue (23.3% per year) is forecast to grow faster than the CN market (18.3% per year).
High Growth Revenue: 000863's revenue (23.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 000863's Return on Equity is forecast to be low in 3 years time (9.6%).
Next Steps
Past Performance
How has Sanxiang Impression performed over the past 5 years?
-38.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 000863 has a large one-off loss of CN¥774.1M impacting its September 30 2020 financial results.
Growing Profit Margin: 000863 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 000863's earnings have declined by 38.9% 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 (-4.1%).
Return on Equity
High ROE: 000863's Return on Equity (0.5%) is considered low.
Next Steps
Financial Health
How is Sanxiang Impression's financial position?
Financial Position Analysis
Short Term Liabilities: 000863's short term assets (CN¥9.2B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 000863's short term assets (CN¥9.2B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 000863's debt to equity ratio (58.4%) is considered high.
Reducing Debt: 000863's debt to equity ratio has reduced from 161.6% to 58.4% over the past 5 years.
Debt Coverage: 000863's debt is well covered by operating cash flow (101.5%).
Interest Coverage: 000863's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Sanxiang Impression current dividend yield, its reliability and sustainability?
15.72%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 000863's dividend (15.72%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).
High Dividend: 000863's dividend (15.72%) is in the top 25% of dividend payers in the CN market (1.81%)
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 5 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (472.9%), 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?
2.7yrs
Average board tenure
CEO
Sheng Wang
1
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| VP & Non-Independent Director | 2.67yrs | CN¥1.41m | no data | |
| President & Non-Independent Director | 1yr | no data | no data | |
| Chief of Internal Audit Department & Employee Supervisor | 2.67yrs | no data | no data | |
| Non-Independent Director | 2.67yrs | no data | no data | |
| Chairman | 2.67yrs | CN¥3.74m | no data | |
| Chairman of Supervisory Board | no data | no data | no data | |
| Supervisor | 2.67yrs | no data | no data | |
| Non-Independent Director | 2.67yrs | no data | no data | |
| Independent Director | 2.67yrs | CN¥120.00k | no data | |
| Independent Director | 2.67yrs | CN¥120.00k | no data | |
| Independent Director | 2.67yrs | CN¥120.00k | no data | |
| Non-Independent Director | 1.42yrs | no data | no data |
2.7yrs
Average Tenure
52yo
Average Age
Experienced Board: 000863's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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 company bio, 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¥6.010b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 863 | SZSE (Shenzhen Stock Exchange) | Yes | Domestic Shares | CN | CNY | Aug 2012 |
| 863 | XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Aug 2012 |
Biography
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...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 09:22 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.