SEHK:2006

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Shanghai Jin Jiang Capital

Executive Summary

Shanghai Jin Jiang Capital Company Limited, together with its subsidiaries, engages in the hotel, passenger transportation vehicles and logistics, and travel agency businesses. More Details


Snowflake Analysis

Reasonable growth potential and fair value.


Similar Companies

Share Price & News

How has Shanghai Jin Jiang Capital's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2006's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.7%

2006

0.3%

HK Hospitality

-0.7%

HK Market


1 Year Return

-3.4%

2006

-7.5%

HK Hospitality

0.4%

HK Market

Return vs Industry: 2006 exceeded the Hong Kong Hospitality industry which returned -7.5% over the past year.

Return vs Market: 2006 underperformed the Hong Kong Market which returned 0.4% over the past year.


Shareholder returns

2006IndustryMarket
7 Day3.7%0.3%-0.7%
30 Day-4.2%-1.7%4.9%
90 Day-15.0%10.8%1.2%
1 Year1.2%-3.4%-5.9%-7.5%4.6%0.4%
3 Year-55.4%-60.9%-20.8%-26.7%-7.1%-17.2%
5 Year-52.8%-61.4%14.8%-1.1%15.0%-4.5%

Price Volatility Vs. Market

How volatile is Shanghai Jin Jiang Capital's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Shanghai Jin Jiang Capital 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: 2006 (HK$1.13) is trading below our estimate of fair value (HK$8.14)

Significantly Below Fair Value: 2006 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2006 is unprofitable, so we can't compare its PE Ratio to the HK Hospitality industry average.

PE vs Market: 2006 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2006's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2006 is good value based on its PB Ratio (0.6x) compared to the HK Hospitality industry average (0.9x).


Next Steps

Future Growth

How is Shanghai Jin Jiang Capital forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

129.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2006 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).

Earnings vs Market: 2006 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 2006's is expected to become profitable in the next 3 years.

Revenue vs Market: 2006's revenue (19.4% per year) is forecast to grow faster than the Hong Kong market (13.2% per year).

High Growth Revenue: 2006's revenue (19.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 2006's Return on Equity is forecast to be low in 3 years time (11.3%).


Next Steps

Past Performance

How has Shanghai Jin Jiang Capital performed over the past 5 years?

-12.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2006 is currently unprofitable.

Growing Profit Margin: 2006 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 2006 is unprofitable, and losses have increased over the past 5 years at a rate of 12.4% per year.

Accelerating Growth: Unable to compare 2006's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2006 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-60.5%).


Return on Equity

High ROE: 2006 has a negative Return on Equity (2.39%), as it is currently unprofitable.


Next Steps

Financial Health

How is Shanghai Jin Jiang Capital's financial position?


Financial Position Analysis

Short Term Liabilities: 2006's short term assets (CN¥16.6B) exceed its short term liabilities (CN¥15.8B).

Long Term Liabilities: 2006's short term assets (CN¥16.6B) do not cover its long term liabilities (CN¥29.1B).


Debt to Equity History and Analysis

Debt Level: 2006's debt to equity ratio (113.3%) is considered high.

Reducing Debt: 2006's debt to equity ratio has increased from 92.9% to 113.3% over the past 5 years.

Debt Coverage: 2006's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 2006 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Shanghai Jin Jiang Capital current dividend yield, its reliability and sustainability?

6.32%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2006's dividend (6.32%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).

High Dividend: 2006's dividend (6.32%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.96%).


Stability and Growth of Payments

Stable Dividend: 2006's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2006's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 2006 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: 2006's dividends in 3 years are forecast to be covered by earnings (53.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Mingju Ma (59 yo)

1.92yrs

Tenure

Mr. Mingju Ma has been Chief Executive Officer and Executive Director of Shanghai Jin Jiang Capital Company Limited (formerly known as Shanghai Jin Jiang International Hotels (Group) Company Limited) since ...


Leadership Team

NamePositionTenureCompensationOwnership
Minliang Yu
Chairman of the Boardno datano datano data
Mingju Ma
CEO & Executive Director1.92yrsno datano data
Liming Chen
Vice Chairman4.25yrsno datano data
Lijuan Guo
Vice Chairmanno datano datano data
Wei Zhou
Chief Investment Officer & Executive Director1.33yrsno datano data
Yu Sun
Executive Director1.33yrsno datano data
Yanhong Yin
CFO & Financial Controller4.25yrsno datano data
Jianping Cai
VP & Director of Human Resources Departmentno datano datano data
Jue Zhang
Joint Company Secretary3.25yrsno datano data
Lai Shan So
Joint Company Secretary2.17yrsno datano data

3.3yrs

Average Tenure

57yo

Average Age

Experienced Management: 2006's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Minliang Yu
Chairman of the Boardno datano datano data
Mingju Ma
CEO & Executive Director1.92yrsno datano data
Liming Chen
Vice Chairman4.25yrsno datano data
Lijuan Guo
Vice Chairmanno datano datano data
Wei Zhou
Chief Investment Officer & Executive Director1.33yrsno datano data
Yu Sun
Executive Director1.33yrsno datano data
Gang Ji
Independent Non-Executive Director13.92yrsno datano data
Mingjie Rui
Independent Non-Executive Director13.92yrsCN¥120.00kno data
Guoxing Wang
Chairman of Supervisory Committeeno datano datano data
Ke Kuang
Member of Supervisory Committee1.33yrsno datano data
Liqiang Shen
Independent Non Executive Director1.33yrsCN¥60.00kno data
Zhao Feng
Staff Representative Supervisor0.25yrno datano data

1.3yrs

Average Tenure

58yo

Average Age

Experienced Board: 2006's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 2006 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shanghai Jin Jiang Capital Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shanghai Jin Jiang Capital Company Limited
  • Ticker: 2006
  • Exchange: SEHK
  • Founded: 1995
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: HK$6.234b
  • Shares outstanding: 5.57b
  • Website: https://www.jinjianghotels.com.cn

Number of Employees


Location

  • Shanghai Jin Jiang Capital Company Limited
  • Union Building
  • 26th Floor
  • Shanghai
  • Shanghai Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2006SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDDec 2006

Biography

Shanghai Jin Jiang Capital Company Limited, together with its subsidiaries, engages in the hotel, passenger transportation vehicles and logistics, and travel agency businesses. The company operates through ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 12:56
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.