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Jujiang Construction Group

SEHK:1459
Snowflake Description

Flawless balance sheet and undervalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1459
SEHK
HK$549M
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

Jujiang Construction Group Co., Ltd. provides construction contracting services for residential, commercial, industrial, and public works in the People’s Republic of China. The last earnings update was 78 days ago. More info.


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  • Jujiang Construction Group has significant price volatility in the past 3 months.
1459 Share Price and Events
7 Day Returns
3%
SEHK:1459
-1.4%
HK Construction
0.6%
HK Market
1 Year Returns
1%
SEHK:1459
-12.3%
HK Construction
-5.9%
HK Market
1459 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Jujiang Construction Group (1459) 3% -1.9% -19.5% 1% -37.2% -
HK Construction -1.4% -5.6% -14.7% -12.3% -23% -1.8%
HK Market 0.6% 3.7% -8.2% -5.9% 17.2% 4.8%
1 Year Return vs Industry and Market
  • 1459 outperformed the Construction industry which returned -12.3% over the past year.
  • 1459 outperformed the Market in Hong Kong which returned -5.9% over the past year.
Price Volatility
1459
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Jujiang Construction Group's competitors could be found in our database.

Value

 Is Jujiang Construction Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Jujiang Construction Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Jujiang Construction Group.

SEHK:1459 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 10.9%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:1459
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6%
Construction Unlevered Beta Simply Wall St/ S&P Global 1.04
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.043 (1 + (1- 25%) (87.02%))
1.485
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.48
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (1.485 * 5.96%)
10.85%

Discounted Cash Flow Calculation for SEHK:1459 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Jujiang Construction Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:1459 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 10.85%)
2020 563.91 Est @ 61.29% 508.71
2021 809.23 Est @ 43.5% 658.54
2022 1,060.52 Est @ 31.05% 778.54
2023 1,297.41 Est @ 22.34% 859.20
2024 1,508.07 Est @ 16.24% 900.94
2025 1,688.55 Est @ 11.97% 909.99
2026 1,840.14 Est @ 8.98% 894.60
2027 1,966.84 Est @ 6.89% 862.59
2028 2,073.46 Est @ 5.42% 820.32
2029 2,164.59 Est @ 4.4% 772.53
Present value of next 10 years cash flows CN¥7,965.95
SEHK:1459 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CN¥2,164.59 × (1 + 2%) ÷ (10.85% – 2%)
CN¥24,949.74
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥24,949.74 ÷ (1 + 10.85%)10
CN¥8,904.46
SEHK:1459 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥7,965.95 + CN¥8,904.46
CN¥16,870.41
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥16,870.41 / 533.36
CN¥31.63
SEHK:1459 Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:1459)
1.138
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥31.63 x 1.138
HK$36
Value per share (HKD) From above. HK$36.00
Current discount Discount to share price of HK$1.03
= -1 x (HK$1.03 - HK$36.00) / HK$36.00
97.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Jujiang Construction Group is available for.
Intrinsic value
>50%
Share price is HK$1.03 vs Future cash flow value of HK$36
Current Discount Checks
For Jujiang Construction Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Jujiang Construction Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Jujiang Construction Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Jujiang Construction Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Jujiang Construction Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1459 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥0.32
SEHK:1459 Share Price ** SEHK (2019-07-15) in HKD HK$1.03
SEHK:1459 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.879 CN¥0.91
Hong Kong Construction Industry PE Ratio Median Figure of 105 Publicly-Listed Construction Companies 9.77x
Hong Kong Market PE Ratio Median Figure of 1,503 Publicly-Listed Companies 10.71x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Jujiang Construction Group.

SEHK:1459 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1459 Share Price ÷ EPS (both in CNY)

= 0.91 ÷ 0.32

2.82x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jujiang Construction Group is good value based on earnings compared to the HK Construction industry average.
  • Jujiang Construction Group is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Jujiang Construction Group's expected growth come at a high price?
Raw Data
SEHK:1459 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.82x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
5%per year
Hong Kong Construction Industry PEG Ratio Median Figure of 10 Publicly-Listed Construction Companies 0.55x
Hong Kong Market PEG Ratio Median Figure of 477 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Jujiang Construction Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Jujiang Construction Group's assets?
Raw Data
SEHK:1459 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥2.43
SEHK:1459 Share Price * SEHK (2019-07-15) in HKD HK$1.03
SEHK:1459 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.879 CN¥0.91
Hong Kong Construction Industry PB Ratio Median Figure of 136 Publicly-Listed Construction Companies 1.39x
Hong Kong Market PB Ratio Median Figure of 2,190 Publicly-Listed Companies 0.92x
SEHK:1459 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1459 Share Price ÷ Book Value per Share (both in CNY)

= 0.91 ÷ 2.43

0.37x

* Primary Listing of Jujiang Construction Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jujiang Construction Group is good value based on assets compared to the HK Construction industry average.
X
Value checks
We assess Jujiang Construction Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Construction industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Construction industry average (and greater than 0)? (1 check)
  5. Jujiang Construction Group has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Jujiang Construction Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Jujiang Construction Group, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Jujiang Construction Group expected to grow at an attractive rate?
  • Jujiang Construction Group's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Jujiang Construction Group's earnings growth is positive but not above the Hong Kong market average.
  • Unable to compare Jujiang Construction Group's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1459 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:1459 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 5%
Hong Kong Construction Industry Earnings Growth Rate Market Cap Weighted Average 6.4%
Hong Kong Construction Industry Revenue Growth Rate Market Cap Weighted Average 9.6%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.3%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1459 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1459 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:1459 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 6,896 371 171
2018-09-30 6,417 281 160
2018-06-30 5,937 192 150
2018-03-31 5,370 173 137
2017-12-31 4,803 153 124
2017-09-30 4,458 173 109
2017-06-30 4,113 194 93
2017-03-31 4,073 97 91
2016-12-31 4,032 0 90
2016-09-30 4,158 -85 95
2016-06-30 4,284 -171 101
2016-03-31 4,354 -210 100

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Jujiang Construction Group's earnings are expected to grow by 5% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Jujiang Construction Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1459 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Jujiang Construction Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1459 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:1459 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 0.32
2018-09-30 0.30
2018-06-30 0.28
2018-03-31 0.26
2017-12-31 0.23
2017-09-30 0.20
2017-06-30 0.17
2017-03-31 0.17
2016-12-31 0.17
2016-09-30 0.19
2016-06-30 0.22
2016-03-31 0.23

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Jujiang Construction Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Jujiang Construction Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Jujiang Construction Group has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Jujiang Construction Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Jujiang Construction Group's growth in the last year to its industry (Construction).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Jujiang Construction Group's year on year earnings growth rate has been positive over the past 5 years.
  • Jujiang Construction Group's 1-year earnings growth exceeds its 5-year average (38.2% vs 16.7%)
  • Jujiang Construction Group's earnings growth has exceeded the HK Construction industry average in the past year (38.2% vs -13.1%).
Earnings and Revenue History
Jujiang Construction Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Jujiang Construction Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1459 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 6,895.99 171.10 95.02
2018-09-30 6,416.69 160.32 88.33
2018-06-30 5,937.38 149.55 70.23
2018-03-31 5,370.20 136.67 68.43
2017-12-31 4,803.02 123.79 78.05
2017-09-30 4,458.25 108.53 73.51
2017-06-30 4,113.49 93.27 68.97
2017-03-31 4,072.83 91.48 71.15
2016-12-31 4,032.17 89.68 73.33
2016-09-30 4,158.06 95.25 73.62
2016-06-30 4,283.95 100.82 73.91
2016-03-31 4,354.30 99.67 73.54
2015-12-31 4,424.65 98.52 73.17
2015-09-30 4,517.86 95.60 72.15
2015-06-30 4,611.07 92.68 71.13
2015-03-31 4,450.22 87.56 66.22
2014-12-31 4,289.37 82.45 61.31
2013-12-31 4,072.11 60.42 53.74
2012-12-31 3,269.80 46.37 54.03

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Jujiang Construction Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Jujiang Construction Group used its assets less efficiently than the HK Construction industry average last year based on Return on Assets.
  • Jujiang Construction Group has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Jujiang Construction Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Construction industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Jujiang Construction Group has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Jujiang Construction Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Jujiang Construction Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Jujiang Construction Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Jujiang Construction Group has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Jujiang Construction Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 12.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Jujiang Construction Group Company Filings, last reported 6 months ago.

SEHK:1459 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,314.04 420.05 167.41
2018-09-30 1,314.04 420.05 167.41
2018-06-30 1,206.88 466.73 84.46
2018-03-31 1,206.88 466.73 84.46
2017-12-31 1,130.06 549.56 83.86
2017-09-30 1,130.06 549.56 83.86
2017-06-30 1,057.39 570.86 57.54
2017-03-31 1,057.39 570.86 57.54
2016-12-31 1,005.46 644.49 65.01
2016-09-30 1,005.46 644.49 65.01
2016-06-30 963.18 699.54 37.33
2016-03-31 963.18 699.54 37.33
2015-12-31 773.97 699.06 49.22
2015-09-30 773.97 699.06 49.22
2015-06-30 720.95 600.58 29.31
2015-03-31 720.95 600.58 29.31
2014-12-31 675.45 635.38 26.65
2013-12-31 592.62 580.88 39.85
2012-12-31 478.90 511.75 58.77
  • Jujiang Construction Group's level of debt (32%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (98% vs 32% today).
  • Debt is well covered by operating cash flow (88.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 9.2x coverage).
X
Financial health checks
We assess Jujiang Construction Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Jujiang Construction Group has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Jujiang Construction Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.87%
Current annual income from Jujiang Construction Group dividends.
If you bought HK$2,000 of Jujiang Construction Group shares you are expected to receive HK$77 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Jujiang Construction Group's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.08%).
  • Jujiang Construction Group's dividend is below the markets top 25% of dividend payers in Hong Kong (5.74%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1459 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Construction Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 3.9%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:1459 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
SEHK:1459 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-06-28 0.035 3.921
2019-04-29 0.034 3.567
2019-03-29 0.034 3.197

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether Jujiang Construction Group has stable dividend payments.
  • Jujiang Construction Group only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Jujiang Construction Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (9.4x 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.
X
Income/ dividend checks
We assess Jujiang Construction Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Jujiang Construction Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Jujiang Construction Group has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Jujiang Construction Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Yaoneng Lyu
COMPENSATION CN¥438,000
AGE 58
TENURE AS CEO 10.6 years
CEO Bio

Mr. Yaoneng Lyu has been President of Jujiang Construction Group Co., Ltd. since December 18 2008 and has been its General Manager and Executive Director since July 17, 1996. Mr. Lyu is responsible for corporate strategic planning and overall business development, management of Jujiang and decision making. Mr. Lyu has over 31 years of experience in construction engineering industry. He served as Construction worker at Qitang Commune Construction Agency from December 1976 to February 1980 and was its Person-in-charge for technical matters of team one from March 1980 to September 1983. He served as Deputy officer of Qitang Commune Construction Agency from October 1983 to February 1987 and served as its Chief of Production Technology Department from January 1985 to February 1987. He served as Manager and person- in-charge for technical matters at Tongxiang County Qitang Construction Agency from March 1987 to April 1991 and served as its Vice Chairman and General Manager from May 1991 to June 1996. He has been Chairman of Jujiang Construction Group Co., Ltd. since July 17, 1996. He served as Vice Chairman of Tongxiang County Qitang Construction Agency from May 1991 to June 1996. Mr. Lyu completed one-and-half-year studies and obtained a professional certificate in industrial and civil construction from Zhejiang University in China in January 1995. He obtained a qualification certificate for senior economist issued by the Office of Personnel of Zhejiang Province of the PRC in December 2006. Mr. Lyu also obtained a qualification certificate for senior engineer in construction engineering management issued by the Department of Human Resources and Social Security of Zhejiang Province of the PRC in March 2013.

CEO Compensation
  • Yaoneng's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Yaoneng's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Jujiang Construction Group management team in years:

8.9
Average Tenure
47
Average Age
  • The average tenure for the Jujiang Construction Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Yaoneng Lyu

TITLE
GM, President & Chairman
COMPENSATION
CN¥438K
AGE
58
TENURE
10.6 yrs

Dazhong Lyu

TITLE
VP & Executive Director
COMPENSATION
CN¥119K
AGE
55
TENURE
9.8 yrs

Jinyan Li

TITLE
VP & Executive Director
COMPENSATION
CN¥362K
AGE
42
TENURE
9.8 yrs

Zhicheng Lu

TITLE
Executive Director
COMPENSATION
CN¥66K
AGE
49

Haiquan Shen

TITLE
Executive Director
COMPENSATION
CN¥66K
AGE
45

Gang Zheng

TITLE
VP & Executive Director
COMPENSATION
CN¥363K
AGE
50
TENURE
8 yrs

Zhihua Zhong

TITLE
Chief Financial Officer
AGE
41
TENURE
2.5 yrs

Xingwu Gao

TITLE
Chief Engineer
AGE
57
TENURE
17.8 yrs

Kam Le Hong

TITLE
Joint Company Secretary
AGE
40
TENURE
3.8 yrs

Shuigen Jin

TITLE
Joint Company Secretary
AGE
39
TENURE
2.9 yrs
Board of Directors Tenure

Average tenure and age of the Jujiang Construction Group board of directors in years:

7.8
Average Tenure
46
Average Age
  • The tenure for the Jujiang Construction Group board of directors is about average.
Board of Directors

Yaoneng Lyu

TITLE
GM, President & Chairman
COMPENSATION
CN¥438K
AGE
58
TENURE
23 yrs

Dazhong Lyu

TITLE
VP & Executive Director
COMPENSATION
CN¥119K
AGE
55
TENURE
23 yrs

Jinyan Li

TITLE
VP & Executive Director
COMPENSATION
CN¥362K
AGE
42
TENURE
7.8 yrs

Zhicheng Lu

TITLE
Executive Director
COMPENSATION
CN¥66K
AGE
49
TENURE
7.8 yrs

Haiquan Shen

TITLE
Executive Director
COMPENSATION
CN¥66K
AGE
45
TENURE
7.8 yrs

Gang Zheng

TITLE
VP & Executive Director
COMPENSATION
CN¥363K
AGE
50
TENURE
7.8 yrs

Tao Lin

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥81K
AGE
44
TENURE
3.9 yrs

Ka Wai Wong

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥101K
AGE
39
TENURE
3.9 yrs

Jingxuan Yu

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥81K
AGE
47
TENURE
2.7 yrs

Jiangtao Zou

TITLE
Supervisor
COMPENSATION
CN¥193K
AGE
41
TENURE
4.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess Jujiang Construction Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Jujiang Construction Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Interested In Jujiang Construction Group Co., Ltd. (HKG:1459)? Here's What Its Recent Performance Looks Like

After looking at Jujiang Construction Group Co., Ltd.'s (HKG:1459) latest earnings update (31 December 2018), I found it helpful to revisit the company's performance in the past couple of years and compare this against the latest numbers. … Furthermore, its return on assets (ROA) of 3.7% is below the HK Construction industry of 5.8%, indicating Jujiang Construction Group's are utilized less efficiently. … You should continue to research Jujiang Construction Group to get a better picture of the stock by looking at: Future Outlook: What are well-informed industry analysts predicting for 1459’s future growth?

Simply Wall St -

If You Had Bought Jujiang Construction Group (HKG:1459) Stock Three Years Ago, You'd Be Sitting On A 53% Loss, Today

During the unfortunate three years of share price decline, Jujiang Construction Group actually saw its earnings per share (EPS) improve by 9.2% per year. … It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. … A Different Perspective Jujiang Construction Group shareholders are down 15% over twelve months (even including dividends), which isn't far from the market return of -14%.

Simply Wall St -

Why Jujiang Construction Group Co., Ltd.'s (HKG:1459) CEO Pay Matters To You

In 2008 Yaoneng Lv was appointed CEO of Jujiang Construction Group Co., Ltd. … Check out our latest analysis for Jujiang Construction Group … How Does Yaoneng Lv's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Why I Like Jujiang Construction Group Co., Ltd. (HKG:1459)

Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on Jujiang Construction Group Co., Ltd. … (HKG:1459) due to its excellent fundamentals in more than one area.

Simply Wall St -

Did Jujiang Construction Group Co., Ltd.'s (HKG:1459) Recent Earnings Growth Beat The Trend?

Analyzing Jujiang Construction Group Co., Ltd.'s (HKG:1459) track record of past performance is a valuable exercise for investors. … Today I will assess 1459's recent performance announced on 31 December 2018 and compare these figures to its long-term trend and industry movements. … Commentary On 1459's Past Performance.

Simply Wall St -

What Does Jujiang Construction Group Co., Ltd.'s (HKG:1459) Balance Sheet Tell Us About It?

(HKG:1459) with its market cap of HK$624m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … The following basic checks can help you get a picture of the company's balance sheet strength.

Simply Wall St -

Does Jujiang Construction Group Co., Ltd.'s (HKG:1459) P/E Ratio Signal A Buying Opportunity?

Jujiang Construction Group has a price to earnings ratio of 3.33, based on the last twelve months. … Price to Earnings Ratio = Price per Share (in the reporting currency) ÷ Earnings per Share (EPS) … P/E of 3.33 = CN¥0.93 (Note: this is the share price in the reporting currency, namely, CNY ) ÷ CN¥0.28

Simply Wall St -

Jujiang Construction Group Co., Ltd. (HKG:1459) Is Employing Capital Very Effectively

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

How Financially Strong Is Jujiang Construction Group Co Ltd (HKG:1459)?

Jujiang Construction Group Co Ltd (HKG:1459) is a small-cap stock with a market capitalization of HK$587m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes.

Simply Wall St -

Is Jujiang Construction Group Co Ltd's (HKG:1459) P/E Ratio Really That Good?

To keep it practical, we'll show how Jujiang Construction Group Co Ltd's (HKG:1459) P/E ratio could help you assess the value on offer. … Based on the last twelve months, Jujiang Construction Group's P/E ratio is 3.16. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Company Info

Description

Jujiang Construction Group Co., Ltd. provides construction contracting services for residential, commercial, industrial, and public works in the People’s Republic of China. It operates through two segments, Construction Contracting and Others. It offers architecture construction contracting services; and designing, surveying, mapping, monitoring, and consulting services in the engineering of municipal management and construction, as well as sells construction materials, building materials, machinery, and metal materials. The company is also involved in the provision of engineering exploration services; installation, disassembly, and rental of construction lifting equipment; municipal public, sports facilities construction, and landscaping activities; installation of architecture wall; and manufacture and sale of civil defense products. In addition, it engages in the building and operating of youth quality education practice base. The company was formerly known as Qitang Commune Construction Agency and changed its name to Zhejiang Jujiang Holdings Group Co., Ltd. in December 2014. Jujiang Construction Group Co., Ltd. was founded in 1965 and is headquartered in Tongxiang, the People’s Republic of China. Jujiang Construction Group Co., Ltd. is a subsidiary of Zhejiang Jujiang Holdings Group Co., Ltd.

Details
Name: Jujiang Construction Group Co., Ltd.
1459
Exchange: SEHK
Founded: 1965
HK$549,360,800
533,360,000
Website: http://www.jujiang.cn
Address: Jujiang Construction Group Co., Ltd.
No. 669 Qingfeng South Road (South),
Tongxiang,
Zhejiang Province, China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1459 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong Ltd. HK HKD 12. Jan 2016
Number of employees
Current staff
Staff numbers
851
Jujiang Construction Group employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/16 13:02
End of day share price update: 2019/07/15 00:00
Last estimates confirmation: 2018/03/29
Last earnings filing: 2019/04/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.