SEHK:1599

Stock Analysis Report

Beijing Urban Construction Design & Development Group

Executive Summary

Beijing Urban Construction Design & Development Group Co., Limited, together with its subsidiaries, provides various services for infrastructure construction.

Snowflake

Fundamentals

Good value with moderate growth potential.

Share Price & News

How has Beijing Urban Construction Design & Development Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.3%

1599

-1.7%

HK Construction

-1.5%

HK Market


1 Year Return

-36.7%

1599

-20.9%

HK Construction

-7.5%

HK Market

1599 underperformed the Construction industry which returned -19.5% over the past year.

1599 underperformed the Market in Hong Kong which returned -6.7% over the past year.


Share holder returns

1599IndustryMarket
7 Day3.3%-1.7%-1.5%
30 Day3.8%1.7%2.1%
90 Day-12.9%-15.0%-5.5%
1 Year-32.9%-36.7%-17.5%-20.9%-4.1%-7.5%
3 Year-51.7%-57.0%-23.5%-31.3%14.2%2.6%
5 Year-54.5%-60.9%-1.3%-16.3%16.5%-2.9%

Price Volatility Vs. Market

How volatile is Beijing Urban Construction Design & Development Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Beijing Urban Construction Design & Development Group undervalued based on future cash flows and its price relative to the stock market?

4.36x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Beijing Urban Construction Design & Development Group's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Beijing Urban Construction Design & Development Group's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Beijing Urban Construction Design & Development Group is good value based on earnings compared to the HK Construction industry average.

Beijing Urban Construction Design & Development Group is good value based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Beijing Urban Construction Design & Development Group is good value based on expected growth next year.


Price Based on Value of Assets

Beijing Urban Construction Design & Development Group is good value based on assets compared to the HK Construction industry average.


Next Steps

Future Growth

How is Beijing Urban Construction Design & Development Group expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

15.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Beijing Urban Construction Design & Development Group's revenue is expected to grow by 14.1% yearly, however this is not considered high growth (20% yearly).

Beijing Urban Construction Design & Development Group's earnings are expected to grow by 15.5% yearly, however this is not considered high growth (20% yearly).

Beijing Urban Construction Design & Development Group's revenue growth is expected to exceed the Hong Kong market average.

Beijing Urban Construction Design & Development Group's earnings growth is expected to exceed the Hong Kong market average.

Beijing Urban Construction Design & Development Group's earnings growth is expected to exceed the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

Beijing Urban Construction Design & Development Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Beijing Urban Construction Design & Development Group performed over the past 5 years?

13.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Beijing Urban Construction Design & Development Group's year on year earnings growth rate has been positive over the past 5 years.

Beijing Urban Construction Design & Development Group's 1-year earnings growth is less than its 5-year average (12.2% vs 13%)

Beijing Urban Construction Design & Development Group's earnings growth has exceeded the HK Construction industry average in the past year (12.2% vs -13.1%).


Return on Equity

Beijing Urban Construction Design & Development Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Beijing Urban Construction Design & Development Group used its assets less efficiently than the HK Construction industry average last year based on Return on Assets.


Return on Capital Employed

Beijing Urban Construction Design & Development Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Beijing Urban Construction Design & Development Group's financial position?


Financial Position Analysis

Beijing Urban Construction Design & Development Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Beijing Urban Construction Design & Development Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Beijing Urban Construction Design & Development Group's level of debt (102.1%) compared to net worth is high (greater than 40%).

Unable to establish if Beijing Urban Construction Design & Development Group's debt level has increased without past 5-year debt data.

Operating cash flow is negative therefore debt is not well covered.

Beijing Urban Construction Design & Development Group earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 2.2x debt.


Next Steps

Dividend

What is Beijing Urban Construction Design & Development Group's current dividend yield, its reliability and sustainability?

7.54%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Beijing Urban Construction Design & Development Group's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.2%).

Beijing Urban Construction Design & Development Group's dividend is below the markets top 25% of dividend payers in Hong Kong (6.15%).

Whilst dividend payments have been stable, Beijing Urban Construction Design & Development Group has been paying a dividend for less than 10 years.

Dividend payments have increased, but Beijing Urban Construction Design & Development Group only paid a dividend in the past 4 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (4.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3.8x coverage).


Next Steps

Management

What is the CEO of Beijing Urban Construction Design & Development Group's salary, the management and board of directors tenure and is there insider trading?

7.0yrs

Average management tenure


CEO

Hanjun Wang (55yo)

8.2yrs

Tenure

CN¥1,121,000

Compensation

Mr. Hanjun Wang has been President of Beijing Urban Construction Design & Development Group Co., Limited since May 2011 and has been its Chief executive since July 2011. Mr. Wang has been General Manager o ...


CEO Compensation Analysis

Hanjun's remuneration is lower than average for companies of similar size in Hong Kong.

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


Management Age and Tenure

7.0yrs

Average Tenure

52.5yo

Average Age

The average tenure for the Beijing Urban Construction Design & Development Group management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

4.8yrs

Average Tenure

54yo

Average Age

The tenure for the Beijing Urban Construction Design & Development Group board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellCN¥345,80227 May 19
Amundi Asset Management
EntityCompany
Shares144,000
Max PriceCN¥2.40
SellCN¥3,591,81410 Apr 19
Amundi Asset Management
EntityCompany
Shares1,255,000
Max PriceCN¥2.86
SellCN¥2,071,75608 Apr 19
Amundi Asset Management
EntityCompany
Shares706,000
Max PriceCN¥2.93
SellCN¥5,567,49629 Mar 19
Amundi Asset Management
EntityCompany
Shares1,700,000
Max PriceCN¥3.27
SellCN¥13,381,32126 Mar 19
Amundi Asset Management
EntityCompany
Shares4,016,000
Max PriceCN¥3.33
SellCN¥13,380,50226 Mar 19
Amundi Asset Management
EntityCompany
Shares4,016,000
Max PriceCN¥3.33
SellCN¥8,757,11925 Mar 19
Amundi Asset Management
EntityCompany
Shares2,582,000
Max PriceCN¥3.39
SellCN¥4,796,86318 Mar 19
Amundi Asset Management
EntityCompany
Shares1,451,000
Max PriceCN¥3.31
SellCN¥2,048,24427 Feb 19
Amundi Asset Management
EntityCompany
Shares649,000
Max PriceCN¥3.16
SellCN¥2,138,99825 Jan 19
Amundi Asset Management
EntityCompany
Shares690,000
Max PriceCN¥3.10
SellCN¥406,89617 Dec 18
Amundi Asset Management
EntityCompany
Shares168,000
Max PriceCN¥2.42

Ownership Breakdown


Management Team

  • Hanjun Wang (55yo)

    GM, Chief Executive

    • Tenure: 8.2yrs
    • Compensation: CN¥1.12m
  • Guoqing Li (52yo)

    Deputy GM & Executive Director

    • Tenure: 0yrs
    • Compensation: CN¥1.16m
  • Jingang Wang (47yo)

    Chief Accountant of Construction General Contracting Department

    • Tenure: 0yrs
    • Compensation: CN¥688.00k
  • Wenjiang Wang (45yo)

    Head of Operating & Mgmt Dept

    • Tenure: 21.5yrs
    • Compensation: CN¥628.00k
  • Yan Cheng (44yo)

    Deputy General Manager

    • Tenure: 5.8yrs
  • Huai Jin (54yo)

    Deputy General Manager

    • Tenure: 5.8yrs
  • Liang Wang (53yo)

    Deputy GM & GM of the Construction Contracting Department

    • Tenure: 5.8yrs
  • Xuehong Wan (59yo)

    Deputy General Manager

    • Tenure: 5.8yrs
  • Xiuren Yang (54yo)

    Chief Engineer

    • Tenure: 16.3yrs
  • Mujun Xiao (51yo)

    Chief Accountant

    • Tenure: 0yrs

Board Members

  • Shuchang Tang (58yo)

    Non-Executive Director

    • Tenure: 4.8yrs
  • Maozhu Sun (60yo)

    Independent Non-Executive Director

    • Tenure: 5.8yrs
    • Compensation: CN¥131.00k
  • Bin Su (53yo)

    Non-Executive Director

    • Tenure: 5.9yrs
  • Hanjun Wang (55yo)

    GM, Chief Executive

    • Tenure: 8.2yrs
    • Compensation: CN¥1.12m
  • Guoqing Li (52yo)

    Deputy GM & Executive Director

    • Tenure: 0yrs
    • Compensation: CN¥1.16m
  • Qinghuai Liang (51yo)

    Independent Non-Executive Director

    • Tenure: 5.8yrs
    • Compensation: CN¥131.00k
  • Chong Ren (43yo)

    Non-Executive Director

    • Tenure: 1.1yrs
  • Dexing Wang (72yo)

    Independent Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: CN¥131.00k
  • Guoyue Yuan (60yo)

    Chairman of the Board of Supervisors

    • Tenure: 2.5yrs
  • Yubin Shi (46yo)

    Chairman of the Board

    • Tenure: 1.1yrs

Company Information

Beijing Urban Construction Design & Development Group Co., Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Beijing Urban Construction Design & Development Group Co., Limited
  • Ticker: 1599
  • Exchange: SEHK
  • Founded: 1958
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$2.927b
  • Shares outstanding: 1.35b
  • Website: https://www.bjucd.com

Number of Employees


Location

  • Beijing Urban Construction Design & Development Group Co., Limited
  • Sunlight Tower
  • 40th Floor
  • Wanchai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1599SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares - Foreign listedHKHKDJul 2014
BDGDB (Deutsche Boerse AG)YesForeign Shares - Foreign listedDEEURJul 2014

Biography

Beijing Urban Construction Design & Development Group Co., Limited, together with its subsidiaries, provides various services for infrastructure construction. It operates through two segments, Design, Surv ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/19 12:51
End of Day Share Price2019/09/19 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.