DB:QFRA

Stock Analysis Report

Greenland Hong Kong Holdings

Executive Summary

Greenland Hong Kong Holdings Limited, an investment holding company, engages in the property development, property and hotel investment, and property management businesses in the People’s Republic of China.

Snowflake

Fundamentals

Undervalued with adequate balance sheet.

Risks

  • Greenland Hong Kong Holdings is not covered by any analysts.

Share Price & News

How has Greenland Hong Kong Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

8.3%

DB:QFRA

-0.4%

DE Real Estate

3.2%

DE Market


1 Year Return

13.4%

DB:QFRA

-8.5%

DE Real Estate

-9.7%

DE Market

QFRA outperformed the Real Estate industry which returned -8.5% over the past year.

QFRA outperformed the Market in Germany which returned -9.7% over the past year.


Share holder returns

QFRAIndustryMarket
7 Day8.3%-0.4%3.2%
30 Day-4.2%-2.3%-4.4%
90 Day10.7%-11.5%-2.0%
1 Year21.3%13.4%-6.0%-8.5%-6.9%-9.7%
3 Year39.7%20.6%21.6%12.2%11.8%2.2%
5 Yearn/a120.8%89.1%26.9%9.5%

Price Volatility Vs. Market

How volatile is Greenland Hong Kong Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Greenland Hong Kong Holdings undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Greenland Hong Kong Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).

Greenland Hong Kong Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Greenland Hong Kong Holdings is good value based on earnings compared to the DE Real Estate industry average.

Greenland Hong Kong Holdings is good value based on earnings compared to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Greenland Hong Kong Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Greenland Hong Kong Holdings is good value based on assets compared to the DE Real Estate industry average.


Next Steps

Future Growth

How is Greenland Hong Kong Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Greenland Hong Kong Holdings is high growth as no revenue estimate data is available.

Greenland Hong Kong Holdings's earnings are expected to grow by 4% yearly, however this is not considered high growth (20% yearly).

Unable to compare Greenland Hong Kong Holdings's revenue growth to the Germany market average as no estimate data is available.

Greenland Hong Kong Holdings's earnings growth is positive but not above the Germany market average.

Greenland Hong Kong Holdings's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Greenland Hong Kong Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Greenland Hong Kong Holdings performed over the past 5 years?

57.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Greenland Hong Kong Holdings has delivered over 20% year on year earnings growth in the past 5 years.

Greenland Hong Kong Holdings's 1-year earnings growth is less than its 5-year average (49.7% vs 57%)

Greenland Hong Kong Holdings's earnings growth has exceeded the DE Real Estate industry average in the past year (49.7% vs 7.7%).


Return on Equity

Greenland Hong Kong Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Greenland Hong Kong Holdings used its assets less efficiently than the DE Real Estate industry average last year based on Return on Assets.


Return on Capital Employed

Greenland Hong Kong Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Greenland Hong Kong Holdings's financial position?


Financial Position Analysis

Greenland Hong Kong Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Greenland Hong Kong Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Greenland Hong Kong Holdings's level of debt (123.8%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (189.2% vs 123.8% today).

Debt is not well covered by operating cash flow (6.5%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 71x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3.9x debt.


Next Steps

Dividend

What is Greenland Hong Kong Holdings's current dividend yield, its reliability and sustainability?

6.65%

Current Dividend Yield


Dividend Yield and Payments Analysis

Greenland Hong Kong Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.48%).

Greenland Hong Kong Holdings's dividend is above the markets top 25% of dividend payers in Germany (4.18%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (4.4x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Greenland Hong Kong Holdings's salary, the management and board of directors tenure and is there insider trading?

9.3yrs

Average board tenure


CEO

Jun Chen (40yo)

6.0yrs

Tenure

CN¥6,860,000

Compensation

Mr. Chen Jun is an Executive Director, Chairman of the Board and Chief Executive Officer of Greenland Hong Kong Holdings Limited. He is responsible for the overall planning, formulation of strategies and o ...


CEO Compensation Analysis

Jun's remuneration is about average for companies of similar size in Germany.

Jun's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

9.3yrs

Average Tenure

53yo

Average Age

The tenure for the Greenland Hong Kong Holdings board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyCN¥139,18410 Sep 18
Weixian Wang
EntityIndividual
Role
Chairman Emeritus
Founder
Shares500,000
Max PriceCN¥0.28

Ownership Breakdown


Management Team

  • Weixian Wang (52yo)

    Founder

    • Tenure: 6.0yrs
    • Compensation: CN¥353.00k
  • Rain Lei (46yo)

    Secretary to the Board and GM of Legal & Risk Control Center

    • Tenure: 0.0yrs
  • Xuling Wang (54yo)

    GM of Commercial Management Department & Executive Director

    • Tenure: 12.6yrs
    • Compensation: CN¥2.79m
  • Jun Chen (40yo)

    Chairman & CEO

    • Tenure: 6.0yrs
    • Compensation: CN¥6.86m
  • Guangjun Hou (43yo)

    COO & Executive Director

    • Tenure: 6.0yrs
    • Compensation: CN¥3.75m
  • Zhengkui Wu (45yo)

    Executive Director

    • Tenure: 6.0yrs
  • Peng Li (36yo)

    Assistant President

    • Tenure: 0.0yrs
  • Xiaodong Yan (57yo)

    Executive Vice President and President of Shanghai Greenland Financial Information Services Limited

    • Tenure: 0.0yrs
  • Zhiqiang Wu (44yo)

    General Manager of Investment & Development Department

    • Tenure: 0.0yrs
  • Tian Zhou (48yo)

    General Manager of Human Resources Department

    • Tenure: 0.0yrs

Board Members

  • Kai Cheong Kwan (69yo)

    Independent Non-Executive Director

    • Tenure: 12.9yrs
    • Compensation: CN¥323.00k
  • Felix Fong (68yo)

    Independent Non-Executive Director

    • Tenure: 12.9yrs
    • Compensation: CN¥323.00k
  • Henry Cheong (72yo)

    Independent Non-Executive Director

    • Tenure: 12.9yrs
    • Compensation: CN¥323.00k
  • Weixian Wang (52yo)

    Founder

    • Tenure: 6.0yrs
    • Compensation: CN¥353.00k
  • Xuling Wang (54yo)

    GM of Commercial Management Department & Executive Director

    • Tenure: 12.6yrs
    • Compensation: CN¥2.79m
  • Jun Chen (40yo)

    Chairman & CEO

    • Tenure: 6.0yrs
    • Compensation: CN¥6.86m
  • Guangjun Hou (43yo)

    COO & Executive Director

    • Tenure: 6.0yrs
    • Compensation: CN¥3.75m
  • Zhengkui Wu (45yo)

    Executive Director

    • Tenure: 6.0yrs

Company Information

Greenland Hong Kong Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Greenland Hong Kong Holdings Limited
  • Ticker: QFRA
  • Exchange: DB
  • Founded: 1992
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: HK$8.081b
  • Listing Market Cap: HK$924.897m
  • Shares outstanding: 2.77b
  • Website: https://www.greenlandhk.com/pages/en/intro.html

Number of Employees


Location

  • Greenland Hong Kong Holdings Limited
  • No. 193, Xiehe Road
  • Changning District
  • Shanghai
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
337SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2006
337SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDOct 2006
QFRADB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 2006
337SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDOct 2006

Biography

Greenland Hong Kong Holdings Limited, an investment holding company, engages in the property development, property and hotel investment, and property management businesses in the People’s Republic of China ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 22:30
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.