SEHK:6098

Stock Analysis Report

Country Garden Services Holdings

Executive Summary

Country Garden Services Holdings Company Limited, an investment holding company, provides property management services to property owners, residents, and property developers in the People’s Republic of China.

Snowflake

Fundamentals

Exceptional growth potential with flawless balance sheet.

Share Price & News

How has Country Garden Services Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.6%

6098

0.08%

HK Commercial Services

-0.6%

HK Market


1 Year Return

130.6%

6098

34.9%

HK Commercial Services

0.9%

HK Market

Return vs Industry: 6098 exceeded the Hong Kong Commercial Services industry which returned 34.9% over the past year.

Return vs Market: 6098 exceeded the Hong Kong Market which returned 0.9% over the past year.


Shareholder returns

6098IndustryMarket
7 Day-1.6%0.08%-0.6%
30 Day11.2%8.0%0.8%
90 Day29.0%7.6%-5.7%
1 Year132.1%130.6%38.2%34.9%4.6%0.9%
3 Yearn/a-21.2%-27.2%15.8%4.2%
5 Yearn/a-41.8%-48.1%17.8%-1.9%

Price Volatility Vs. Market

How volatile is Country Garden Services Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Country Garden Services Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 6098 (HK$24.9) is trading below our estimate of fair value (HK$56.22)

Significantly Below Fair Value: 6098 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 6098 is poor value based on its PE Ratio (45.6x) compared to the Commercial Services industry average (14x).

PE vs Market: 6098 is poor value based on its PE Ratio (45.6x) compared to the Hong Kong market (10.3x).


Price to Earnings Growth Ratio

PEG Ratio: 6098 is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: 6098 is overvalued based on its PB Ratio (13.4x) compared to the HK Commercial Services industry average (1.1x).


Next Steps

Future Growth

How is Country Garden Services Holdings forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

25.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6098's forecast earnings growth (25.2% per year) is above the savings rate (2%).

Earnings vs Market: 6098's earnings (25.2% per year) are forecast to grow faster than the Hong Kong market (11.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 6098's revenue (30.6% per year) is forecast to grow faster than the Hong Kong market (9.7% per year).

High Growth Revenue: 6098's revenue (30.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6098's Return on Equity is forecast to be high in 3 years time (32.6%)


Next Steps

Past Performance

How has Country Garden Services Holdings performed over the past 5 years?

41.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 6098's earnings have grown significantly by 41.9% per year over the past 5 years.

Accelerating Growth: 6098's earnings growth over the past year (89.2%) exceeds its 5-year average (41.9% per year).

Earnings vs Industry: 6098 earnings growth over the past year (89.2%) exceeded the Commercial Services industry 11.2%.


Return on Equity

High ROE: 6098's Return on Equity (28.3%) is considered high.


Return on Assets

ROA vs Industry: 6098 has a higher Return on Assets than the Commercial Services industry average last year.


Return on Capital Employed

ROCE Improving: 6098's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Country Garden Services Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 6098's short term assets (CN¥7.5B) exceeds its short term liabilities (CN¥4.0B)

Long Term Liabilities: 6098's short term assets (7.5B) exceeds its long term liabilities (109.6M)


Debt to Equity History and Analysis

Debt Level: 6098 is debt free.

Reducing Debt: 6098 has not had any debt for past 5 years.

Debt Coverage: 6098 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6098 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 6098 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 6098's debt is covered by short term assets (assets are 4.2475761810039E+18x debt).


Next Steps

Dividend

What is Country Garden Services Holdings's current dividend yield, its reliability and sustainability?

0.38%

Current Dividend Yield


Dividend Yield vs Market

company0.4%marketbottom25%2.3%markettop25%6.2%industryaverage1.8%forecastin3Years0.8%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 6098's dividend (0.38%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.28%).

High Dividend: 6098's dividend (0.38%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.22%).

Stable Dividend: 6098 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.

Growing Dividend: 6098 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 6098 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 6098'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 Country Garden Services Holdings's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average management tenure


CEO

Huiyan Yang (37yo)

0yrs

Tenure

0

Ms. Huiyan Yang has been Executive Director of Country Garden Holdings Company Limited since December 4, 2006. Ms. Yang serves as a Director and the Chairperson of the Board of Bright Scholar Education Hol ...


Management Age and Tenure

2.8yrs

Average Tenure

40.5yo

Average Age

Experienced Management: 6098's management team is considered experienced (2.8 years average tenure).


Board Age and Tenure

1.6yrs

Average Tenure

45yo

Average Age

Experienced Board: 6098's board of directors are not considered experienced ( 1.6 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.


Recent Insider Transactions

BuyCN¥1,959,315,33107 Feb 19
Huiyan Yang
EntityIndividual
Role
Chief Executive Officer
Chairman & GM
Shares168,761,000
Max PriceCN¥11.61
BuyCN¥460,03623 Jan 19
China International Fund Management Company Limited
EntityCompany
Shares40,000
Max PriceCN¥11.50
SellCN¥11,960,93523 Jan 19
J.P. Morgan Asset Management, Inc.
EntityCompany
Shares1,040,000
Max PriceCN¥11.50
SellCN¥50,116,83623 Jan 19
JPMorgan Chase & Co, Brokerage and Securities Investments
EntityCompany
Shares4,357,645
Max PriceCN¥11.50
BuyCN¥58,357,46622 Jan 19
JPMorgan Chase & Co, Brokerage and Securities Investments
EntityCompany
Shares5,144,118
Max PriceCN¥11.34
BuyCN¥11,894,05218 Jan 19
J.P. Morgan Asset Management, Inc.
EntityCompany
Shares1,041,000
Max PriceCN¥11.43
SellCN¥8,089,32718 Jan 19
JPMorgan Chase & Co, Private Banking and Investment Banking Investments
EntityCompany
Shares708,000
Max PriceCN¥11.43
SellCN¥138,663,46918 Jan 19
JPMorgan Chase & Co, Brokerage and Securities Investments
EntityCompany
Shares12,136,206
Max PriceCN¥11.43
BuyCN¥11,295,11120 Nov 18
J.P. Morgan Asset Management, Inc.
EntityCompany
Shares1,010,721
Max PriceCN¥11.18

Ownership Breakdown


Management Team

  • Chong Shun Leung (54yo)

    Joint Company Secretary

    • Tenure: 1.6yrs
  • Huiyan Yang (37yo)

    Chairman & GM

    • Tenure: 0yrs
  • Hua Xiao (41yo)

    Executive Director

    • Tenure: 1.6yrs
  • Zhanjun Guo (39yo)

    Executive Director

    • Tenure: 1.6yrs
  • Changjiang Li (53yo)

    Executive Director

    • Tenure: 1.6yrs
  • Shunsong Gong (40yo)

    Chief Operating Officer

    • Tenure: 1.8yrs
  • Binhuai Xu (40yo)

    Deputy General Manager

    • Tenure: 3yrs
  • Peng Huang (36yo)

    CFO & Joint Company Secretary

    • Tenure: 3.1yrs
  • Xiangdong Yu (49yo)

    Deputy General Manager

    • Tenure: 5.3yrs
  • Hongkai Yuan (41yo)

    Deputy General Manager

    • Tenure: 2.7yrs

Board Members

  • Huiyan Yang (37yo)

    Chairman & GM

    • Tenure: 0yrs
  • Bijun Wu (45yo)

    Non-Executive Director

    • Tenure: 1.6yrs
  • Hua Xiao (41yo)

    Executive Director

    • Tenure: 1.6yrs
  • Zhanjun Guo (39yo)

    Executive Director

    • Tenure: 1.6yrs
  • Changjiang Li (53yo)

    Executive Director

    • Tenure: 1.6yrs
  • Zhicheng Yang (45yo)

    Non-Executive Director

    • Tenure: 1.6yrs
  • Wenjue Mei (49yo)

    Independent Non-Executive Director

    • Tenure: 1.4yrs
  • Meng Rui (51yo)

    Independent Non-Executive Director

    • Tenure: 1.4yrs
  • Weiru Chen (48yo)

    Independent Non-Executive Director

    • Tenure: 1.4yrs

Company Information

Country Garden Services Holdings Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Country Garden Services Holdings Company Limited
  • Ticker: 6098
  • Exchange: SEHK
  • Founded: 1992
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: HK$66.319b
  • Shares outstanding: 2.67b
  • Website: https://www.bgyfw.com

Number of Employees


Location

  • Country Garden Services Holdings Company Limited
  • No.1 Country Garden Road
  • Beijiao Town
  • Foshan
  • Guangdong Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6098SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 2018
6098SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJun 2018
6098SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJun 2018
CTRG.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2018

Biography

Country Garden Services Holdings Company Limited, an investment holding company, provides property management services to property owners, residents, and property developers in the People’s Republic of Chi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 12:54
End of Day Share Price2019/10/23 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.