Tianjin Jinbin Development Co., Ltd. engages in the real estate development business in China.
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥2.06|
|52 Week High||CN¥1.87|
|52 Week Low||CN¥2.90|
|1 Month Change||6.74%|
|3 Month Change||-4.63%|
|1 Year Change||-24.54%|
|3 Year Change||-21.67%|
|5 Year Change||-51.76%|
|Change since IPO||-45.52%|
Recent News & Updates
|897||CN Real Estate||CN Market|
Return vs Industry: 000897 underperformed the CN Real Estate industry which returned -21.9% over the past year.
Return vs Market: 000897 underperformed the CN Market which returned 9.3% over the past year.
Stable Share Price: 000897 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 000897's weekly volatility (3%) has been stable over the past year.
About the Company
Tianjin Jinbin Development Co., Ltd. engages in the real estate development business in China. It develops industrial parks, and commercial and mid-to-high-end residential real estate properties. The company was founded in 1998 and is based in Tianjin, China.
Is Tianjin Jinbin Development 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: 000897 (CN¥2.06) is trading below our estimate of fair value (CN¥10.66)
Significantly Below Fair Value: 000897 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 000897 is poor value based on its PE Ratio (49.5x) compared to the CN Real Estate industry average (12.7x).
PE vs Market: 000897 is poor value based on its PE Ratio (49.5x) compared to the CN market (34.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 000897's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 000897 is overvalued based on its PB Ratio (2.3x) compared to the CN Real Estate industry average (1.1x).
How is Tianjin Jinbin Development forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Tianjin Jinbin Development 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.
How has Tianjin Jinbin Development performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 000897 has high quality earnings.
Growing Profit Margin: 000897's current net profit margins (4.6%) are lower than last year (18.1%).
Past Earnings Growth Analysis
Earnings Trend: 000897 has become profitable over the past 5 years, growing earnings by 46% per year.
Accelerating Growth: 000897's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 000897 had negative earnings growth (-81.3%) over the past year, making it difficult to compare to the Real Estate industry average (19.2%).
Return on Equity
High ROE: 000897's Return on Equity (4.9%) is considered low.
How is Tianjin Jinbin Development's financial position?
Financial Position Analysis
Short Term Liabilities: 000897's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 000897's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥7.3M).
Debt to Equity History and Analysis
Debt Level: 000897's debt to equity ratio (38.3%) is considered satisfactory.
Reducing Debt: 000897's debt to equity ratio has reduced from 152.7% to 38.3% over the past 5 years.
Debt Coverage: 000897's debt is well covered by operating cash flow (166.7%).
Interest Coverage: 000897 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Tianjin Jinbin Development current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 000897's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 000897's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 000897's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 000897's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 000897 is not paying a notable dividend for the CN market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 000897's dividend in 3 years as they are not forecast to pay a notable one for the CN market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Tianjin Jinbin Development has no CEO, or we have no data on them.
Experienced Board: 000897's board of directors are considered experienced (6.8 years average tenure).
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.
Tianjin Jinbin Development Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Tianjin Jinbin Development Co., Ltd.
- Ticker: 897
- Exchange: SZSE
- Founded: 1998
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: CN¥3.332b
- Shares outstanding: 1.62b
- Website: https://www.jbdc.com.cn
Number of Employees
- Tianjin Jinbin Development Co., Ltd.
- No. 15, Cangwu Road
- Nankai District
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/20 09:03|
|End of Day Share Price||2021/09/17 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.