897

Tianjin Jinbin DevelopmentSZSE:000897 Stock Report

Market Cap

CN¥3.3b

7D

-2.4%

1Y

-24.5%

Updated

20 Sep, 2021

Data

Company Financials
897 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

897 Overview

Tianjin Jinbin Development Co., Ltd. engages in the real estate development business in China.

Price History & Performance

Summary of all time highs, changes and price drops for Tianjin Jinbin Development
Historical stock prices
Current Share PriceCN¥2.06
52 Week HighCN¥1.87
52 Week LowCN¥2.90
Beta0.36
1 Month Change6.74%
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

Shareholder Returns

897CN Real EstateCN Market
7D-2.4%-3.4%-2.4%
1Y-24.5%-21.9%9.3%

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.

Price Volatility

Is 897's price volatile compared to industry and market?
897 volatility
897 Beta0.36
Industry Beta0.68
Market Beta1

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

FoundedEmployeesCEOWebsite
1998586n/ahttps://www.jbdc.com.cn

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.

Valuation

Is Tianjin Jinbin Development 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: 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).


Future Growth

How is Tianjin Jinbin Development forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.2%

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.


Past Performance

How has Tianjin Jinbin Development performed over the past 5 years?

46.0%

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.


Financial Health

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.


Balance Sheet


Dividend

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.


Next Steps

Management

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

6.8yrs

Average board tenure


CEO

Tianjin Jinbin Development has no CEO, or we have no data on them.


Board Members

Experienced Board: 000897's board of directors are considered experienced (6.8 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

Tianjin Jinbin Development Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Tianjin Jinbin Development Co., Ltd.
  • No. 15, Cangwu Road
  • Nankai District
  • Tianjin
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 09:03
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
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.