SZSE:002016

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Guangdong Shirongzhaoye

Executive Summary

Guangdong Shirongzhaoye Co., Ltd. engages in the real estate development business in China. More Details

Rewards

Trading at 63.1% below our estimate of its fair value

Risk Analysis

No risks detected for 2016 from our risk checks.


Snowflake Analysis

Flawless balance sheet and good value.

Share Price & News

How has Guangdong Shirongzhaoye's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002016 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 002016's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-1.6%

2016

-0.5%

CN Real Estate

2.9%

CN Market


1 Year Return

-25.0%

2016

-6.0%

CN Real Estate

31.8%

CN Market

Return vs Industry: 002016 underperformed the CN Real Estate industry which returned -6% over the past year.

Return vs Market: 002016 underperformed the CN Market which returned 31.8% over the past year.


Shareholder returns

2016IndustryMarket
7 Day-1.6%-0.5%2.9%
30 Day-4.4%-1.6%7.2%
90 Day-9.7%-7.0%11.5%
1 Year-25.0%-25.0%-2.9%-6.0%34.0%31.8%
3 Year-48.9%-54.1%-26.6%-32.6%23.1%17.0%
5 Year-11.3%-23.5%-3.4%-13.8%51.6%41.1%

Long-Term Price Volatility Vs. Market

How volatile is Guangdong Shirongzhaoye's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Guangdong Shirongzhaoye 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: 002016 (CN¥6.06) is trading below our estimate of fair value (CN¥16.4)

Significantly Below Fair Value: 002016 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 002016 is good value based on its PE Ratio (6.3x) compared to the CN Real Estate industry average (14.8x).

PE vs Market: 002016 is good value based on its PE Ratio (6.3x) compared to the CN market (35.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 002016's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 002016 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 Guangdong Shirongzhaoye forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.2%

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 Guangdong Shirongzhaoye 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.


Next Steps

Past Performance

How has Guangdong Shirongzhaoye performed over the past 5 years?

35.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002016 has high quality earnings.

Growing Profit Margin: 002016's current net profit margins (31.8%) are higher than last year (31.3%).


Past Earnings Growth Analysis

Earnings Trend: 002016's earnings have grown significantly by 35.7% per year over the past 5 years.

Accelerating Growth: 002016's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002016 had negative earnings growth (-19.8%) over the past year, making it difficult to compare to the Real Estate industry average (-4.1%).


Return on Equity

High ROE: 002016's Return on Equity (20.4%) is considered high.


Next Steps

Financial Health

How is Guangdong Shirongzhaoye's financial position?


Financial Position Analysis

Short Term Liabilities: 002016's short term assets (CN¥7.4B) exceed its short term liabilities (CN¥4.2B).

Long Term Liabilities: 002016's short term assets (CN¥7.4B) exceed its long term liabilities (CN¥400.0M).


Debt to Equity History and Analysis

Debt Level: 002016's debt to equity ratio (18.4%) is considered satisfactory.

Reducing Debt: 002016's debt to equity ratio has reduced from 103.1% to 18.4% over the past 5 years.

Debt Coverage: 002016's debt is well covered by operating cash flow (210.1%).

Interest Coverage: 002016 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Guangdong Shirongzhaoye current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 002016's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 002016'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 002016's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 002016's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 002016 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 002016'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?

1.5yrs

Average management tenure


CEO

Xiaojin Liang (60 yo)

1.5yrs

Tenure


Leadership Team

NamePositionTenureCompensationOwnership
Xiaojin Liang
President & Director1.5yrsno datano data
Lihong Wang
Chief Financial Officer1.17yrsno datano data
Wenjun Yan
VP & Secretary of the Board1.5yrsno datano data

1.5yrs

Average Tenure

Experienced Management: 002016's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Xiaojin Liang
President & Director1.5yrsno datano data
Long Long
Non-Independent Director8yrsCN¥100.00kno data
Rong Chao Feng
Director0.75yrno datano data
Aping Liu
Independent Director1.83yrsno datano data
Ziqiang Xue
Independent Director1.83yrsno datano data
Xiaohua Wang
Independent Director1.83yrsno datano data
Zhang Weiguang
Supervisorno datano datano data
Yong Cao
Supervisorno datano datano data
Zexin Zhou
Vice Chairman1.17yrsno datano data
Liangwei Xi
Chairman of the Supervisory Board1.17yrsno datano data
Yindong Chen
Director0.75yrno datano data

1.4yrs

Average Tenure

Experienced Board: 002016's board of directors are not considered experienced ( 1.4 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

Guangdong Shirongzhaoye Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Guangdong Shirongzhaoye Co., Ltd.
  • Ticker: 2016
  • Exchange: SZSE
  • Founded: 2000
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: CN¥4.903b
  • Shares outstanding: 809.10m
  • Website: https://www.gdsrzy.com

Number of Employees


Location

  • Guangdong Shirongzhaoye Co., Ltd.
  • Building No. 17, 1st District
  • No.288, Zhufeng Avenue
  • Zhuhai
  • Guangdong Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2016SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYJul 2004
2016XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYJul 2004

Biography

Guangdong Shirongzhaoye Co., Ltd. engages in the real estate development business in China. The company was founded in 2000 and is based in Zhuhai, China.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 09:24
End of Day Share Price2021/01/22 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.