SZSE:002077

Stock Analysis Report

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Market Cap

CN¥4.4b

Last Updated

2021/07/31 09:22 UTC

Data Sources

Company Financials

Executive Summary

Jiangsu Dagang Co., Ltd. engages in the real estate development and construction business in China. More Details

Rewards

Trading at 51% below our estimate of its fair value

Became profitable this year

Risk Analysis

No risks detected for 2077 from our risk checks.


Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

How has Jiangsu Dagang's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002077 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 002077's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

0.7%

2077

-7.2%

CN Real Estate

-3.8%

CN Market


1 Year Return

14.7%

2077

-23.6%

CN Real Estate

3.5%

CN Market

Return vs Industry: 002077 exceeded the CN Real Estate industry which returned -26.5% over the past year.

Return vs Market: 002077 exceeded the CN Market which returned 3.6% over the past year.


Shareholder returns

2077IndustryMarket
7 Day0.7%-7.2%-3.8%
30 Day7.1%-12.2%-3.6%
90 Day25.6%-12.4%1.7%
1 Year14.7%14.7%-21.3%-23.6%5.0%3.5%
3 Year50.4%50.4%-8.1%-15.8%56.8%48.8%
5 Year-61.1%-61.1%-26.8%-34.1%25.6%16.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Jiangsu Dagang 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: 002077 (CN¥7.55) is trading below our estimate of fair value (CN¥15.4)

Significantly Below Fair Value: 002077 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 002077 is poor value based on its PE Ratio (47.3x) compared to the CN Real Estate industry average (13.3x).

PE vs Market: 002077 is poor value based on its PE Ratio (47.3x) compared to the CN market (31.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 002077's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 002077 is overvalued based on its PB Ratio (1.5x) compared to the CN Real Estate industry average (0.9x).


Future Growth

How is Jiangsu Dagang forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.5%

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 Jiangsu Dagang 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 Jiangsu Dagang performed over the past 5 years?

-32.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002077 has high quality earnings.

Growing Profit Margin: 002077 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 002077 has become profitable over the past 5 years, growing earnings by -32.1% per year.

Accelerating Growth: 002077 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 002077 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (9.2%).


Return on Equity

High ROE: 002077's Return on Equity (4.2%) is considered low.


Financial Health

How is Jiangsu Dagang's financial position?


Financial Position Analysis

Short Term Liabilities: 002077's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥1.0B).

Long Term Liabilities: 002077's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥401.7M).


Debt to Equity History and Analysis

Debt Level: 002077's debt to equity ratio (30.1%) is considered satisfactory.

Reducing Debt: 002077's debt to equity ratio has reduced from 129.8% to 30.1% over the past 5 years.

Debt Coverage: 002077's debt is well covered by operating cash flow (41.1%).

Interest Coverage: 002077's interest payments on its debt are well covered by EBIT (13x coverage).


Balance Sheet


Dividend

What is Jiangsu Dagang current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 002077's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 002077'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 002077's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 002077's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 002077 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 002077'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?

2.8yrs

Average board tenure


CEO

Jiangsu Dagang has no CEO, or we have no data on them.


Board Members

Experienced Board: 002077's board of directors are not considered experienced ( 2.8 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

Jiangsu Dagang Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jiangsu Dagang Co., Ltd.
  • Ticker: 2077
  • Exchange: SZSE
  • Founded: 2000
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: CN¥4.382b
  • Shares outstanding: 580.35m
  • Website: https://www.dggf.cn

Number of Employees


Location

  • Jiangsu Dagang Co., Ltd.
  • 1st Tonggang Road
  • Dagang New District
  • Zhenjiang
  • Jiangsu Province
  • 212000
  • China

Listings


Biography

Jiangsu Dagang Co., Ltd. engages in the real estate development and construction business in China. The company develops central park, a residential area integrating elevator garden houses, courtyard villa...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/31 09:22
End of Day Share Price2021/07/30 00:00
Earnings2021/03/31
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.