China Merchants Shekou Industrial Zone Holdings
Market Cap
CN¥105.6b
Last Updated
2021/01/20 09:28 UTC
Data Sources
Company Financials +
Executive Summary
China Merchants Shekou Industrial Zone Holdings Co., Ltd. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with adequate balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has China Merchants Shekou Industrial Zone Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 001979 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 001979's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
2.7%
1979
4.7%
CN Real Estate
-1.5%
CN Market
1 Year Return
-28.6%
1979
-4.2%
CN Real Estate
26.6%
CN Market
Return vs Industry: 001979 underperformed the CN Real Estate industry which returned -4.2% over the past year.
Return vs Market: 001979 underperformed the CN Market which returned 26.6% over the past year.
Shareholder returns
| 1979 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | 4.7% | -1.5% |
| 30 Day | 0% | 0.7% | 5.2% |
| 90 Day | -13.1% | -3.3% | 7.0% |
| 1 Year | -25.3%-28.6% | -1.1%-4.2% | 28.6%26.6% |
| 3 Year | -40.6%-46.8% | -23.5%-29.7% | 22.6%16.5% |
| 5 Year | 8.8%-6.5% | 0.5%-10.1% | 49.9%39.7% |
Long-Term Price Volatility Vs. Market
How volatile is China Merchants Shekou Industrial Zone Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is China Merchants Shekou Industrial Zone Holdings 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: 001979 (CN¥13.3) is trading below our estimate of fair value (CN¥35.82)
Significantly Below Fair Value: 001979 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 001979 is good value based on its PE Ratio (10.5x) compared to the CN Real Estate industry average (14.8x).
PE vs Market: 001979 is good value based on its PE Ratio (10.5x) compared to the CN market (35.5x).
Price to Earnings Growth Ratio
PEG Ratio: 001979 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 001979's PB Ratio (1.2x) is in line with the CN Real Estate industry average.
Next Steps
Future Growth
How is China Merchants Shekou Industrial Zone Holdings forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
18.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 001979's forecast earnings growth (18% per year) is above the savings rate (3.3%).
Earnings vs Market: 001979's earnings (18% per year) are forecast to grow slower than the CN market (24.3% per year).
High Growth Earnings: 001979's earnings are forecast to grow, but not significantly.
Revenue vs Market: 001979's revenue (15.6% per year) is forecast to grow slower than the CN market (18.2% per year).
High Growth Revenue: 001979's revenue (15.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 001979's Return on Equity is forecast to be low in 3 years time (17.9%).
Next Steps
Past Performance
How has China Merchants Shekou Industrial Zone Holdings performed over the past 5 years?
17.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 001979 has high quality earnings.
Growing Profit Margin: 001979's current net profit margins (10.7%) are lower than last year (15.1%).
Past Earnings Growth Analysis
Earnings Trend: 001979's earnings have grown by 17.5% per year over the past 5 years.
Accelerating Growth: 001979's earnings growth over the past year (8.5%) is below its 5-year average (17.5% per year).
Earnings vs Industry: 001979 earnings growth over the past year (8.5%) exceeded the Real Estate industry -3.3%.
Return on Equity
High ROE: 001979's Return on Equity (7.3%) is considered low.
Next Steps
Financial Health
How is China Merchants Shekou Industrial Zone Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 001979's short term assets (CN¥556.8B) exceed its short term liabilities (CN¥387.1B).
Long Term Liabilities: 001979's short term assets (CN¥556.8B) exceed its long term liabilities (CN¥93.2B).
Debt to Equity History and Analysis
Debt Level: 001979's debt to equity ratio (68.9%) is considered high.
Reducing Debt: 001979's debt to equity ratio has reduced from 108.7% to 68.9% over the past 5 years.
Debt Coverage: 001979's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: 001979 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is China Merchants Shekou Industrial Zone Holdings's current dividend yield, its reliability and sustainability?
6.24%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 001979's dividend (6.24%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).
High Dividend: 001979's dividend (6.24%) is in the top 25% of dividend payers in the CN market (1.8%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 001979 has been paying a dividend for less than 10 years.
Growing Dividend: 001979's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.4%), 001979's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 001979's dividends in 3 years are forecast to be well covered by earnings (40.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Tiefeng Jiang (47 yo)
1.25yrs
Tenure
CN¥5,369,600
Compensation
Mr. Jiang Tiefeng serves as Dirtector at China Merchants Shekou Industrial Zone Holdings Co., Ltd. since November 11, 2019. He serves as General Manager at China Merchants Shekou Industrial Zone Holdings C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| General Manager & Director | 1.25yrs | CN¥5.37m | 0.0016% CN¥ 1.7m | |
| Deputy General Manager of Finance Department | no data | CN¥3.76m | 0.0016% CN¥ 1.7m | |
| Executive Deputy GM & Director | 1.17yrs | CN¥4.39m | 0.0027% CN¥ 2.8m | |
| Deputy Secretary of Party Committee | 5yrs | CN¥4.93m | no data | |
| Deputy General Manager | no data | CN¥3.96m | 0.0011% CN¥ 1.2m | |
| Secretary of the Board of Directors | 5.08yrs | CN¥3.38m | 0.0019% CN¥ 2.0m | |
| General Counsel | 1.17yrs | no data | 0.0011% CN¥ 1.2m | |
| Chief Economic Manager | no data | no data | no data | |
| Employee Supervisor & Deputy Director of Legal Affairs of Risk Management | 2.33yrs | no data | no data | |
| Employee Supervisor & Senior Account of Finance Management | 2.33yrs | no data | no data |
5.0yrs
Average Tenure
49.5yo
Average Age
Experienced Management: 001979's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| General Manager & Director | 1.25yrs | CN¥5.37m | 0.0016% CN¥ 1.7m | |
| Executive Deputy GM & Director | 1.17yrs | CN¥4.39m | 0.0027% CN¥ 2.8m | |
| Deputy Secretary of Party Committee | 5yrs | CN¥4.93m | no data | |
| Employee Supervisor & Deputy Director of Legal Affairs of Risk Management | 2.33yrs | no data | no data | |
| Employee Supervisor & Senior Account of Finance Management | 2.33yrs | no data | no data | |
| Non-Independent Director | 4.17yrs | no data | 0.0012% CN¥ 1.3m | |
| Chairman | 1.42yrs | CN¥5.05m | 0.0046% CN¥ 4.9m | |
| Supervisor | 2.33yrs | no data | no data | |
| Non-independent Director | 5yrs | no data | 0.0022% CN¥ 2.3m | |
| Independent Director | 0.83yr | no data | no data | |
| Independent Director | 2.33yrs | CN¥50.00k | no data | |
| Independent Director | 2.33yrs | CN¥50.00k | no data |
2.3yrs
Average Tenure
52.5yo
Average Age
Experienced Board: 001979's board of directors are not considered experienced ( 2.3 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
China Merchants Shekou Industrial Zone Holdings Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: China Merchants Shekou Industrial Zone Holdings Co., Ltd.
- Ticker: 1979
- Exchange: SZSE
- Founded: 1979
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: CN¥105.639b
- Shares outstanding: 7.74b
- Website: https://www.cmsk1979.com
Number of Employees
Location
- China Merchants Shekou Industrial Zone Holdings Co., Ltd.
- Building 3, NH E-Cool
- No. 6, Xinghua Road
- Shenzhen
- Guangdong Province
- 518067
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1979 | SZSE (Shenzhen Stock Exchange) | Yes | Domestic Shares | CN | CNY | Dec 2015 |
| 1979 | XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Dec 2015 |
Biography
China Merchants Shekou Industrial Zone Holdings Co., Ltd. engages in the development and operation of industrial parks, and residential and commercial real estate properties in China. It also operates in t...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/20 09:28 |
| End of Day Share Price | 2021/01/20 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.