China Chengtong Development Group Limited, an investment holding company, engages in the bulk commodity trading, property development, finance leasing, hotel and marine recreation, and property investment businesses in the People’s Republic of China. More Details
Excellent balance sheet with poor track record.
Share Price & News
How has China Chengtong Development Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 217 has not had significant price volatility in the past 3 months.
7 Day Return
HK Trade Distributors
1 Year Return
HK Trade Distributors
Return vs Industry: 217 underperformed the Hong Kong Trade Distributors industry which returned -14.3% over the past year.
Return vs Market: 217 underperformed the Hong Kong Market which returned 1.4% over the past year.
Price Volatility Vs. Market
How volatile is China Chengtong Development Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIf You Had Bought China Chengtong Development Group's (HKG:217) Shares Five Years Ago You Would Be Down 80%
1 month ago | Simply Wall StHere's Why We Don't Think China Chengtong Development Group's (HKG:217) Statutory Earnings Reflect Its Underlying Earnings Potential
1 month ago | Simply Wall StWe're Not So Sure You Should Rely on China Chengtong Development Group's (HKG:217) Statutory Earnings
Is China Chengtong Development Group 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: Insufficient data to calculate 217's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 217's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 217 is poor value based on its PE Ratio (25.6x) compared to the HK Trade Distributors industry average (9.2x).
PE vs Market: 217 is poor value based on its PE Ratio (25.6x) compared to the Hong Kong market (11.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 217's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 217's PB Ratio (0.4x) is in line with the HK Trade Distributors industry average.
How is China Chengtong Development Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 China Chengtong Development Group 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.
- Examine China Chengtong Development Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- China Chengtong Development Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has China Chengtong Development Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 217 has a high level of non-cash earnings.
Growing Profit Margin: 217's current net profit margins (3.9%) are lower than last year (13.6%).
Past Earnings Growth Analysis
Earnings Trend: 217 has become profitable over the past 5 years, growing earnings by 10.8% per year.
Accelerating Growth: 217's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 217 had negative earnings growth (-62.8%) over the past year, making it difficult to compare to the Trade Distributors industry average (-13.7%).
Return on Equity
High ROE: 217's Return on Equity (1.5%) is considered low.
How is China Chengtong Development Group's financial position?
Financial Position Analysis
Short Term Liabilities: 217's short term assets (HK$2.3B) exceed its short term liabilities (HK$750.5M).
Long Term Liabilities: 217's short term assets (HK$2.3B) exceed its long term liabilities (HK$48.0M).
Debt to Equity History and Analysis
Debt Level: 217's debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: 217's debt to equity ratio has reduced from 24.6% to 10.8% over the past 5 years.
Debt Coverage: 217's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 217 earns more interest than it pays, so coverage of interest payments is not a concern.
What is China Chengtong Development Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 217's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 217's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 217's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 217's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 217 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 217's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Tianzhou Yang (47 yo)
Mr. Yang Tianzhou has been Managing Director and Executive Director of China Chengtong Development Group Limited since October 22, 2019. Mr. Yang obtained a bachelor’s degree in economics and a master’s de ...
|Chairman||1.75yrs||no data||0.0052% |
|MD & Executive Director||0.92yr||no data||no data|
|Executive Director||11yrs||no data||0.0069% |
|Executive Director||0.92yr||HK$1.14m||0.0034% |
|Independent Non-Executive Director||5yrs||HK$360.00k||no data|
|Independent Non-Executive Director||6.83yrs||HK$360.00k||no data|
|Independent Non-Executive Director||7.67yrs||HK$360.00k||no data|
Experienced Board: 217's board of directors are considered experienced (5 years average tenure).
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.
China Chengtong Development Group Limited's company bio, employee growth, exchange listings and data sources
- Name: China Chengtong Development Group Limited
- Ticker: 217
- Exchange: SEHK
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: HK$1.121b
- Shares outstanding: 5.81b
- Website: https://www.hk217.com
Number of Employees
- China Chengtong Development Group Limited
- Central Plaza
- 64th Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|217||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
|CCO||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
China Chengtong Development Group Limited, an investment holding company, engages in the bulk commodity trading, property development, finance leasing, hotel and marine recreation, and property investment ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/20 19:22|
|End of Day Share Price||2020/09/18 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.