Hangzhou Binjiang Real Estate Group Co.,Ltd, a real estate company, engages in the real estate development business in China.
Hangzhou Binjiang Real Estate GroupLtd Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥4.57|
|52 Week High||CN¥3.77|
|52 Week Low||CN¥5.34|
|1 Month Change||13.68%|
|3 Month Change||7.28%|
|1 Year Change||-12.28%|
|3 Year Change||7.78%|
|5 Year Change||-34.71%|
|Change since IPO||4.60%|
Recent News & Updates
|2244||CN Real Estate||CN Market|
Return vs Industry: 002244 exceeded the CN Real Estate industry which returned -23.9% over the past year.
Return vs Market: 002244 underperformed the CN Market which returned 9.2% over the past year.
Stable Share Price: 002244 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 002244's weekly volatility (4%) has been stable over the past year.
About the Company
|1992||1,555||Hui Ming Zhu||https://www.binjiang.com.cn|
Hangzhou Binjiang Real Estate Group Co.,Ltd, a real estate company, engages in the real estate development business in China. It is also involved in the sale and rental of office buildings, commercial podiums, community base commercials, and apartments. The company was founded in 1992 and is based in Hangzhou, China.
Hangzhou Binjiang Real Estate GroupLtd Fundamentals Summary
|2244 fundamental statistics|
Is 2244 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2244 income statement (TTM)|
|Cost of Revenue||CN¥29.41b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.88|
|Net Profit Margin||7.25%|
How did 2244 perform over the long term?See historical performance and comparison
4.9%Current Dividend Yield
Is Hangzhou Binjiang Real Estate GroupLtd undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 002244 (CN¥4.57) is trading above our estimate of fair value (CN¥2.48)
Significantly Below Fair Value: 002244 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 002244 is good value based on its PE Ratio (5.2x) compared to the CN Real Estate industry average (12.7x).
PE vs Market: 002244 is good value based on its PE Ratio (5.2x) compared to the CN market (34.9x).
Price to Earnings Growth Ratio
PEG Ratio: 002244 is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: 002244 is good value based on its PB Ratio (0.7x) compared to the CN Real Estate industry average (1.1x).
How is Hangzhou Binjiang Real Estate GroupLtd forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002244's forecast earnings growth (19% per year) is above the savings rate (3.3%).
Earnings vs Market: 002244's earnings (19% per year) are forecast to grow slower than the CN market (22.7% per year).
High Growth Earnings: 002244's earnings are forecast to grow, but not significantly.
Revenue vs Market: 002244's revenue (22.4% per year) is forecast to grow faster than the CN market (18.1% per year).
High Growth Revenue: 002244's revenue (22.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002244's Return on Equity is forecast to be low in 3 years time (15.4%).
How has Hangzhou Binjiang Real Estate GroupLtd performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002244 has high quality earnings.
Growing Profit Margin: 002244's current net profit margins (7.2%) are higher than last year (6.3%).
Past Earnings Growth Analysis
Earnings Trend: 002244's earnings have grown by 11.5% per year over the past 5 years.
Accelerating Growth: 002244's earnings growth over the past year (45.2%) exceeds its 5-year average (11.5% per year).
Earnings vs Industry: 002244 earnings growth over the past year (45.2%) exceeded the Real Estate industry 19.2%.
Return on Equity
High ROE: 002244's Return on Equity (12.8%) is considered low.
How is Hangzhou Binjiang Real Estate GroupLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 002244's short term assets (CN¥170.2B) exceed its short term liabilities (CN¥122.3B).
Long Term Liabilities: 002244's short term assets (CN¥170.2B) exceed its long term liabilities (CN¥35.7B).
Debt to Equity History and Analysis
Debt Level: 002244's debt to equity ratio (151.7%) is considered high.
Reducing Debt: 002244's debt to equity ratio has increased from 51.1% to 151.7% over the past 5 years.
Debt Coverage: 002244's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002244's interest payments on its debt are well covered by EBIT (9.5x coverage).
What is Hangzhou Binjiang Real Estate GroupLtd current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 002244's dividend (4.95%) is higher than the bottom 25% of dividend payers in the CN market (0.41%).
High Dividend: 002244's dividend (4.95%) is in the top 25% of dividend payers in the CN market (1.79%)
Stability and Growth of Payments
Stable Dividend: 002244's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002244's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.7%), 002244's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Hui Ming Zhu
Hui Ming Zhu serves as President at Hangzhou Binjiang Real Estate Group Co., Ltd. .
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hangzhou Binjiang Real Estate Group Co.,Ltd's employee growth, exchange listings and data sources
- Name: Hangzhou Binjiang Real Estate Group Co.,Ltd
- Ticker: 2244
- Exchange: SZSE
- Founded: 1992
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: CN¥14.219b
- Shares outstanding: 3.11b
- Website: https://www.binjiang.com.cn
Number of Employees
- Hangzhou Binjiang Real Estate Group Co.,Ltd
- 38 Qingchun East Road
- Zhejiang Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 09:03|
|End of Day Share Price||2021/09/17 00:00|
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.