SEHK:1697

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Shandong International Trust

Executive Summary

Shandong International Trust Co., Ltd. provides various trust services in the People’s Republic of China. More Details


Snowflake Analysis

Undervalued with adequate balance sheet.


Similar Companies

Share Price & News

How has Shandong International Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1697 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 1697's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

0%

1697

-2.6%

HK Capital Markets

-0.5%

HK Market


1 Year Return

-2.4%

1697

36.7%

HK Capital Markets

21.5%

HK Market

Return vs Industry: 1697 underperformed the Hong Kong Capital Markets industry which returned 36.7% over the past year.

Return vs Market: 1697 underperformed the Hong Kong Market which returned 21.5% over the past year.


Shareholder returns

1697IndustryMarket
7 Day0%-2.6%-0.5%
30 Day11.1%-5.0%2.1%
90 Day11.1%7.9%11.9%
1 Year6.3%-2.4%39.8%36.7%26.2%21.5%
3 Year-48.2%-59.3%7.9%-0.4%6.2%-4.9%
5 Yearn/a30.4%14.4%61.7%34.1%

Long-Term Price Volatility Vs. Market

How volatile is Shandong International Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Shandong International Trust 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: 1697 (HK$0.8) is trading below our estimate of fair value (HK$2.36)

Significantly Below Fair Value: 1697 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1697 is good value based on its PE Ratio (3.7x) compared to the HK Capital Markets industry average (14.8x).

PE vs Market: 1697 is good value based on its PE Ratio (3.7x) compared to the Hong Kong market (12.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1697's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1697 is good value based on its PB Ratio (0.3x) compared to the HK Capital Markets industry average (0.6x).


Next Steps

Future Growth

How is Shandong International Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.6%

Forecasted Diversified Financials 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 Shandong International Trust 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 Shandong International Trust performed over the past 5 years?

-6.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1697 has high quality earnings.

Growing Profit Margin: 1697's current net profit margins (71.5%) are higher than last year (70.3%).


Past Earnings Growth Analysis

Earnings Trend: 1697's earnings have declined by 6.9% per year over the past 5 years.

Accelerating Growth: 1697's earnings growth over the past year (9.9%) exceeds its 5-year average (-6.9% per year).

Earnings vs Industry: 1697 earnings growth over the past year (9.9%) underperformed the Capital Markets industry 14.1%.


Return on Equity

High ROE: 1697's Return on Equity (8.4%) is considered low.


Next Steps

Financial Health

How is Shandong International Trust's financial position?


Financial Position Analysis

Short Term Liabilities: 1697's short term assets (CN¥10.5B) exceed its short term liabilities (CN¥2.2B).

Long Term Liabilities: 1697's short term assets (CN¥10.5B) exceed its long term liabilities (CN¥3.8B).


Debt to Equity History and Analysis

Debt Level: 1697's debt to equity ratio (3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 1697's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 1697's debt is well covered by operating cash flow (128.9%).

Interest Coverage: Insufficient data to determine if 1697's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Shandong International Trust current dividend yield, its reliability and sustainability?

8.25%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1697's dividend (8.25%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2%).

High Dividend: 1697's dividend (8.25%) is in the top 25% of dividend payers in the Hong Kong market (6.3%)


Stability and Growth of Payments

Stable Dividend: 1697 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 1697 has only been paying a dividend for 3 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (30.1%), 1697's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.9yrs

Average management tenure


CEO

Zengguang Yue (46 yo)

2.67yrs

Tenure

CN¥1,130,000

Compensation

Mr. Zengguang Yue has been General Manager and Executive Director of Shandong International Trust Co.Ltd. since July 10, 2018. Mr. Yue Mr. Yue has over 24 years of experience in accounting, financial and t...


CEO Compensation Analysis

Compensation vs Market: Zengguang's total compensation ($USD174.72K) is below average for companies of similar size in the Hong Kong market ($USD326.77K).

Compensation vs Earnings: Zengguang's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Zhong Wan
Chairperson of the Board2.67yrsCN¥3.01mno data
Zengguang Yue
GM & Executive Director2.67yrsCN¥1.13mno data
Ping Wang
Chief Financial Officer1.5yrsno datano data
Jianqu Zhou
Vice General Manager9.42yrsno datano data
Chuangye He
Vice GM4.92yrsno datano data
Jiguang Fu
Chief Risk Management Officer4.67yrsno datano data
Xucheng Niu
Vice General Manager2.92yrsno datano data
Kwok Fai Lee
Joint Company Secretary2.58yrsno datano data

2.9yrs

Average Tenure

47yo

Average Age

Experienced Management: 1697's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Zhong Wan
Chairperson of the Board2.67yrsCN¥3.01mno data
Zengguang Yue
GM & Executive Director2.67yrsCN¥1.13mno data
Huiping Ding
Independent Non-Executive Director5.5yrsCN¥100.00kno data
Tongshui Jin
Non-Executive Director8.58yrsno datano data
Huai-Chiang Yen
Independent Non-Executive Director5.33yrsCN¥100.00kno data
Rujing Meng
Independent Non-Executive Director4.5yrsCN¥100.00kno data
Zhenkai Hou
Supervisor4.83yrsno datano data
Yong Chen
Supervisor6.5yrsno datano data
Chen Wu
Supervisor5.83yrsno datano data
Hua Xiao
Non-Executive Vice-Chairperson3.67yrsno datano data
Shougui Guo
Chairperson of the Board of Supervisorsno datano datano data
Bailing Wang
Non-Executive Director1yrno datano data

4.8yrs

Average Tenure

47yo

Average Age

Experienced Board: 1697's board of directors are considered experienced (4.8 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Shandong International Trust Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shandong International Trust Co., Ltd.
  • Ticker: 1697
  • Exchange: SEHK
  • Founded: 1987
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: HK$3.634b
  • Shares outstanding: 4.66b
  • Website: https://www.sitic.com.cn

Number of Employees


Location

  • Shandong International Trust Co., Ltd.
  • No. 166 Jiefang Road
  • Lixia District
  • Jinan
  • Shandong Province
  • 250013
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1697SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDDec 2017

Biography

Shandong International Trust Co., Ltd. provides various trust services in the People’s Republic of China. It operates through Trust Business and Proprietary Business segments. The company offers private eq...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 10:17
End of Day Share Price2021/03/04 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.