SEHK:1660

Stock Analysis Report

Zhaobangji Properties Holdings

Executive Summary

Zhaobangji Properties Holdings Limited, an investment holding company, engages in the trading of construction machinery; and provision of leasing and property management services in China and Hong Kong.


Snowflake Analysis

Excellent balance sheet with proven track record.

Share Price & News

How has Zhaobangji Properties Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1660's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.7%

1660

1.2%

HK Trade Distributors

0.5%

HK Market


1 Year Return

-39.5%

1660

-4.1%

HK Trade Distributors

-0.2%

HK Market

Return vs Industry: 1660 underperformed the Hong Kong Trade Distributors industry which returned -4.1% over the past year.

Return vs Market: 1660 underperformed the Hong Kong Market which returned -0.2% over the past year.


Shareholder returns

1660IndustryMarket
7 Day-4.7%1.2%0.5%
30 Day-25.5%-23.7%-3.8%
90 Day-20.1%-20.4%-1.3%
1 Year-39.5%-39.5%-0.9%-4.1%3.4%-0.2%
3 Yearn/a-14.2%-21.2%18.8%6.7%
5 Yearn/a-54.6%-64.0%19.5%-0.5%

Price Volatility Vs. Market

How volatile is Zhaobangji Properties Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Zhaobangji Properties Holdings undervalued compared to its fair value and its price relative to the market?

181.12x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1660's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1660's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1660 is poor value based on its PE Ratio (181.1x) compared to the Trade Distributors industry average (9.1x).

PE vs Market: 1660 is poor value based on its PE Ratio (181.1x) compared to the Hong Kong market (10.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1660's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1660 is overvalued based on its PB Ratio (22.7x) compared to the HK Trade Distributors industry average (0.5x).


Next Steps

Future Growth

How is Zhaobangji Properties Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.8%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Zhaobangji Properties Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Zhaobangji Properties Holdings performed over the past 5 years?

7.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1660 has high quality earnings.

Growing Profit Margin: 1660's current net profit margins (14.8%) are lower than last year (16%).


Past Earnings Growth Analysis

Earnings Trend: 1660's earnings have grown by 7.2% per year over the past 5 years.

Accelerating Growth: 1660's earnings growth over the past year (67.5%) exceeds its 5-year average (7.2% per year).

Earnings vs Industry: 1660 earnings growth over the past year (67.5%) exceeded the Trade Distributors industry 1%.


Return on Equity

High ROE: 1660's Return on Equity (12.5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Zhaobangji Properties Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1660's short term assets (HK$159.3M) do not cover its short term liabilities (HK$171.5M).

Long Term Liabilities: 1660's short term assets (HK$159.3M) exceed its long term liabilities (HK$38.7M).


Debt to Equity History and Analysis

Debt Level: 1660's debt to equity ratio (15.9%) is considered satisfactory.

Reducing Debt: 1660's debt to equity ratio has reduced from 47.8% to 15.9% over the past 5 years.

Debt Coverage: 1660's debt is well covered by operating cash flow (184.7%).

Interest Coverage: 1660's interest payments on its debt are well covered by EBIT (35.5x coverage).


Balance Sheet

Inventory Level: 1660 has a high level of physical assets or inventory.

Debt Coverage by Assets: 1660's debt is covered by short term assets (assets are 3x debt).


Next Steps

Dividend

What is Zhaobangji Properties Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%6.2%industryaverage3.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 1660's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1660's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1660's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1660's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1660's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

What is the CEO of Zhaobangji Properties Holdings's salary, the management and board of directors tenure and is there insider trading?

0.8yrs

Average management tenure


CEO

Hanyu Wu (54yo)

1.5yrs

Tenure

HK$518,000

Compensation

Mr. Hanyu Wu has been the Chief Executive Officer of Sanroc International Holdings Ltd since June 4, 2018 and as its Executive Director since March 29, 2018. He has extensive experience in the real estate  ...


Management Age and Tenure

0.8yrs

Average Tenure

54yo

Average Age

Experienced Management: 1660's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Age and Tenure

1.7yrs

Average Tenure

54yo

Average Age

Experienced Board: 1660's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Insider Trading

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.


Management Team

  • Chun Fai Cai (37yo)

    Company Secretary & Executive Director

    • Tenure: 0.8yrs
    • Compensation: HK$37.00k
  • Chujia Xu (48yo)

    Chairman of the Board

    • Tenure: 1.7yrs
  • Hanyu Wu (54yo)

    CEO & Executive Director

    • Tenure: 1.5yrs
    • Compensation: HK$518.00k
  • Kin Keung Sze-to (54yo)

    Executive Director

    • Tenure: 1.8yrs
    • Compensation: HK$240.00k
  • Yiyong Zhao (52yo)

    Executive Director

    • Tenure: 1.2yrs
    • Compensation: HK$213.00k
  • Yan Sang Li (57yo)

    Executive Director

    • Tenure: 1.1yrs
    • Compensation: HK$81.00k
  • Lin Xu (58yo)

    Executive Director

    • Tenure: 0.2yrs

Board Members

  • Godfrey Hui (58yo)

    Independent Non Executive Director

    • Tenure: 1.8yrs
    • Compensation: HK$240.00k
  • Chun Man Wong (43yo)

    Independent Non-Executive Director

    • Tenure: 1.8yrs
    • Compensation: HK$240.00k
  • Chun Fai Cai (37yo)

    Company Secretary & Executive Director

    • Tenure: 0.8yrs
    • Compensation: HK$37.00k
  • Chujia Xu (48yo)

    Chairman of the Board

    • Tenure: 1.7yrs
  • Hanyu Wu (54yo)

    CEO & Executive Director

    • Tenure: 1.5yrs
    • Compensation: HK$518.00k
  • Kin Keung Sze-to (54yo)

    Executive Director

    • Tenure: 1.8yrs
    • Compensation: HK$240.00k
  • Longfei Ye (77yo)

    Independent Non-Executive Director

    • Tenure: 1.7yrs
    • Compensation: HK$233.00k
  • Yiyong Zhao (52yo)

    Executive Director

    • Tenure: 1.2yrs
    • Compensation: HK$213.00k
  • Yan Sang Li (57yo)

    Executive Director

    • Tenure: 1.1yrs
    • Compensation: HK$81.00k
  • Lin Xu (58yo)

    Executive Director

    • Tenure: 0.2yrs

Company Information

Zhaobangji Properties Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zhaobangji Properties Holdings Limited
  • Ticker: 1660
  • Exchange: SEHK
  • Founded:
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: HK$7.620b
  • Shares outstanding: 6.20b
  • Website: https://www.szzhaobangji.com

Number of Employees


Location

  • Zhaobangji Properties Holdings Limited
  • China Merchants Tower
  • Unit 16-18, 11th Floor
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1660SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDFeb 2017

Biography

Zhaobangji Properties Holdings Limited, an investment holding company, engages in the trading of construction machinery; and provision of leasing and property management services in China and Hong Kong. It ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/11 12:51
End of Day Share Price2019/12/11 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.