SZSE:002146

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RiseSun Real Estate DevelopmentLtd

Executive Summary

RiseSun Real Estate Development Co.,Ltd develops and sells real estate properties in China. More Details


Snowflake Analysis

6 star dividend payer and good value.


Similar Companies

Share Price & News

How has RiseSun Real Estate DevelopmentLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002146 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 002146's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-7.3%

2146

-3.4%

CN Real Estate

1.9%

CN Market


1 Year Return

-31.1%

2146

-7.2%

CN Real Estate

32.4%

CN Market

Return vs Industry: 002146 underperformed the CN Real Estate industry which returned -7.2% over the past year.

Return vs Market: 002146 underperformed the CN Market which returned 32.4% over the past year.


Shareholder returns

2146IndustryMarket
7 Day-7.3%-3.4%1.9%
30 Day-4.4%-1.7%7.6%
90 Day-13.2%-6.3%11.5%
1 Year-27.2%-31.1%-4.2%-7.2%34.6%32.4%
3 Year-42.7%-51.0%-26.7%-32.8%25.4%19.1%
5 Year10.4%-12.4%-3.7%-14.0%54.1%43.5%

Long-Term Price Volatility Vs. Market

How volatile is RiseSun Real Estate DevelopmentLtd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is RiseSun Real Estate DevelopmentLtd undervalued compared to its fair value and its price relative to the market?

3.14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 002146 (CN¥6.24) is trading above our estimate of fair value (CN¥2.52)

Significantly Below Fair Value: 002146 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 002146 is good value based on its PE Ratio (3.1x) compared to the CN Real Estate industry average (14.4x).

PE vs Market: 002146 is good value based on its PE Ratio (3.1x) compared to the CN market (34.5x).


Price to Earnings Growth Ratio

PEG Ratio: 002146 is good value based on its PEG Ratio (0.1x)


Price to Book Ratio

PB vs Industry: 002146 is good value based on its PB Ratio (0.6x) compared to the CN Real Estate industry average (1.1x).


Next Steps

Future Growth

How is RiseSun Real Estate DevelopmentLtd forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

23.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002146's forecast earnings growth (23.3% per year) is above the savings rate (3.3%).

Earnings vs Market: 002146's earnings (23.3% per year) are forecast to grow slower than the CN market (24.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 002146's revenue (19.1% per year) is forecast to grow faster than the CN market (18.4% per year).

High Growth Revenue: 002146's revenue (19.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 002146's Return on Equity is forecast to be high in 3 years time (20.7%)


Next Steps

Past Performance

How has RiseSun Real Estate DevelopmentLtd performed over the past 5 years?

26.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002146 has high quality earnings.

Growing Profit Margin: 002146's current net profit margins (11.4%) are lower than last year (13.5%).


Past Earnings Growth Analysis

Earnings Trend: 002146's earnings have grown significantly by 26.4% per year over the past 5 years.

Accelerating Growth: 002146's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002146 had negative earnings growth (-0.9%) over the past year, making it difficult to compare to the Real Estate industry average (-4.1%).


Return on Equity

High ROE: 002146's Return on Equity (18.9%) is considered low.


Next Steps

Financial Health

How is RiseSun Real Estate DevelopmentLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 002146's short term assets (CN¥254.1B) exceed its short term liabilities (CN¥180.8B).

Long Term Liabilities: 002146's short term assets (CN¥254.1B) exceed its long term liabilities (CN¥45.7B).


Debt to Equity History and Analysis

Debt Level: 002146's debt to equity ratio (152.1%) is considered high.

Reducing Debt: 002146's debt to equity ratio has reduced from 234.4% to 152.1% over the past 5 years.

Debt Coverage: 002146's debt is not well covered by operating cash flow (0.2%).

Interest Coverage: 002146's interest payments on its debt are well covered by EBIT (18x coverage).


Balance Sheet


Next Steps

Dividend

What is RiseSun Real Estate DevelopmentLtd current dividend yield, its reliability and sustainability?

7.69%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 002146's dividend (7.69%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 002146's dividend (7.69%) is in the top 25% of dividend payers in the CN market (1.84%)


Stability and Growth of Payments

Stable Dividend: 002146's dividends per share have been stable in the past 10 years.

Growing Dividend: 002146's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.1%), 002146's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 002146's dividends in 3 years are forecast to be thoroughly covered by earnings (6.4% payout ratio).


Next Steps

Management

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

2.5yrs

Average board tenure


CEO

Liu Shan (57 yo)

no data

Tenure

CN¥2,742,200

Compensation

Mr. Liu Shan serves as the President of Risesun Real Estate Development Co., Ltd. Mr. Shan served as a Corporate Finance Section Chief and Deputy General Manager at Langfang Car Rental Company. He served a...


Board Members

NamePositionTenureCompensationOwnership
Liu Shan
President and Directorno dataCN¥2.74mno data
Wei Chen
CFO & Director2.5yrsCN¥1.32mno data
Chen Jinhai
VP, Secretary & Director2.5yrsCN¥996.50kno data
Bao Lijie
Vice-President and Directorno dataCN¥2.43m0.16%
CN¥ 43.9m
Qiang Wang
General Manager of Discipline Inspection & Supervision Center and Member of the Supervisory Boardno datano datano data
Xiao Chunmei
Member of the Supervisory Boardno datano datano data
Geng Jianming
Chairmanno datano data12.88%
CN¥ 3.5b
Zou Jiali
Chairman of the Supervisory Boardno datano data0.51%
CN¥ 138.9m
Shao Yang
Directorno dataCN¥50.00kno data
Ling Feng Qi
Independent Directorno datano datano data
Yuhua Huang
Independent Director2.5yrsno datano data
Qiong Dai
Independent Director2.5yrsno datano data

2.5yrs

Average Tenure

51yo

Average Age

Experienced Board: 002146's board of directors are not considered experienced ( 2.5 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

RiseSun Real Estate Development Co.,Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: RiseSun Real Estate Development Co.,Ltd
  • Ticker: 2146
  • Exchange: SZSE
  • Founded: 1996
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: CN¥27.220b
  • Shares outstanding: 4.35b
  • Website: https://www.risesun.cn

Number of Employees


Location

  • RiseSun Real Estate Development Co.,Ltd
  • No. 81 Xiangyun Road
  • Economic and Technical Development Zone
  • Langfang
  • Hebei Province
  • 65000
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2146SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYAug 2007
2146XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYAug 2007

Biography

RiseSun Real Estate Development Co.,Ltd develops and sells real estate properties in China. The company was founded in 1996 and is headquartered in Langfang, China.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/26 09:25
End of Day Share Price2021/01/26 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.