Baoye Group
Market Cap
HK$3.5b
Last Updated
2020/07/05 12:41 UTC
Data Sources
Company Financials
Executive Summary
Baoye Group Company Limited, together with its subsidiaries, provides construction services in the People’s Republic of China.
Rewards
Risk Analysis
Snowflake Analysis
Fair value with mediocre balance sheet.
Share Price & News
How has Baoye Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2355's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0.2%
2355
4.9%
HK Construction
4.1%
HK Market
1 Year Return
16.7%
2355
-25.0%
HK Construction
-4.7%
HK Market
Return vs Industry: 2355 exceeded the Hong Kong Construction industry which returned -25% over the past year.
Return vs Market: 2355 exceeded the Hong Kong Market which returned -4.7% over the past year.
Shareholder returns
| 2355 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.2% | 4.9% | 4.1% |
| 30 Day | -2.5% | -0.4% | 4.2% |
| 90 Day | 49.3% | -3.9% | 11.7% |
| 1 Year | 16.7%16.7% | -21.5%-25.0% | -1.2%-4.7% |
| 3 Year | 10.5%10.5% | -35.0%-42.8% | 7.7%-3.5% |
| 5 Year | 29.0%26.0% | -36.4%-46.8% | 7.2%-10.1% |
Price Volatility Vs. Market
How volatile is Baoye Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Is Baoye Group (HKG:2355) Using Too Much Debt?1 month ago | Simply Wall St
Why Baoye Group Company Limited's (HKG:2355) CEO Pay Matters To You1 month ago | Simply Wall St
A Rising Share Price Has Us Looking Closely At Baoye Group Company Limited's (HKG:2355) P/E RatioValuation
Is Baoye Group undervalued compared to its fair value and its price relative to the market?
3.77x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 2355's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 2355's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 2355 is good value based on its PE Ratio (3.8x) compared to the Construction industry average (8.4x).
PE vs Market: 2355 is good value based on its PE Ratio (3.8x) compared to the Hong Kong market (10.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2355's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2355 is good value based on its PB Ratio (0.4x) compared to the HK Construction industry average (0.9x).
Next Steps
Future Growth
How is Baoye Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
10.1%
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 Baoye 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.
Next Steps
- Examine whether Baoye Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Baoye Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Baoye Group performed over the past 5 years?
9.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2355 has high quality earnings.
Growing Profit Margin: 2355's current net profit margins (3.5%) are lower than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: 2355's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: 2355's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2355 had negative earnings growth (-2%) over the past year, making it difficult to compare to the Construction industry average (-8.9%).
Return on Equity
High ROE: 2355's Return on Equity (9.5%) is considered low.
Next Steps
Financial Health
How is Baoye Group's financial position?
Financial Position Analysis
Short Term Liabilities: 2355's short term assets (CN¥28.9B) exceed its short term liabilities (CN¥23.1B).
Long Term Liabilities: 2355's short term assets (CN¥28.9B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 2355's debt to equity ratio (58.7%) is considered high.
Reducing Debt: 2355's debt to equity ratio has increased from 20.5% to 58.7% over the past 5 years.
Debt Coverage: 2355's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: 2355 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Baoye Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2355's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2355'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 2355's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2355's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 2355 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 2355's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.1yrs
Average board tenure
CEO
Baogen Pang (63yo)
18.5yrs
Tenure
CN¥1,500,000
Compensation
Mr. Baogen Pang is the Founder of Baoye Group Company Limited and serves as its Executive Chairman and Chief Executive Officer. Mr. Pang is responsible for formulating the overall strategy and development ...
CEO Compensation Analysis
Compensation vs Market: Baogen's total compensation ($USD212.27K) is below average for companies of similar size in the Hong Kong market ($USD341.22K).
Compensation vs Earnings: Baogen's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 18.5yrs | CN¥1.50m | 34.43% CN¥1.2b | |
| Executive Director | 17.92yrs | CN¥1.12m | 1.7% CN¥60.1m | |
| Executive Director | 9.08yrs | CN¥912.00k | 1.03% CN¥36.5m | |
| Executive Director | 9.08yrs | CN¥911.00k | 0.43% CN¥15.4m | |
| Executive Director | 17.92yrs | CN¥911.00k | 2.14% CN¥76.0m | |
| Chairman & GM - Zhejiang Baoye Building Materials Industrialisation Co. Ltd | no data | no data | 0.47% CN¥16.6m | |
| Non-Executive Director | 9.08yrs | CN¥216.00k | no data | |
| Independent Non-Executive Director | no data | CN¥216.00k | no data | |
| Chairman of Supervisory Committee | no data | CN¥584.00k | no data | |
| Independent Non-Executive Director | 5.92yrs | CN¥50.00k | no data |
9.1yrs
Average Tenure
55yo
Average Age
Experienced Board: 2355's board of directors are considered experienced (9.1 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Baoye Group Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Baoye Group Company Limited
- Ticker: 2355
- Exchange: SEHK
- Founded: 1974
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: HK$3.545b
- Shares outstanding: 562.66m
- Website: https://www.baoyegroup.com
Number of Employees
Location
- Baoye Group Company Limited
- No.1687 Guazhu East Road
- Keqiao District
- Shaoxing
- Zhejiang Province
- 312030
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2355 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Jun 2003 |
| BKG | DB (Deutsche Boerse AG) | Yes | Foreign Shares-Foreign Listed | DE | EUR | Jun 2003 |
Biography
Baoye Group Company Limited, together with its subsidiaries, provides construction services in the People’s Republic of China. It operates through three segments: Construction, Property Development, and Building Materials. The Construction segment constructs government and public buildings, and urban facilities and infrastructure, as well as commercial, residential, and industrial buildings. This segment also engages in the installation of electrical and electronic products, fireproof facilities, and curtain walls. The Property Development segment develops and sells properties in Shaoxing, Wuhan, Shanghai, Bengbu, Sixian, Taihe, Mengcheng, Jieshou, Kaifeng, Lishui, Lu’an, and Zhengzhou. The Building Materials segment offers curtain walls, ready-mixed concrete, furnishings and interior decorations, wooden products and fireproof materials, PC assembly plates, and other products. The company also provides decoration and replenishment, architectural and interior design, and other services; manufactures and installs steel frameworks; produces and sells machinery and fittings, and concrete prefabricated parts; and constructs highways, bridges, and other municipal infrastructure. Baoye Group Company Limited was founded in 1974 and is headquartered in Shaoxing, the People's Republic of China.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/05 12:41 |
| End of Day Share Price | 2020/07/03 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.