How does 2019's PS Ratio compare to its peers?

2019 is good value based on its Price-To-Sales Ratio (0x) compared to the peer average (0x).

How does 2019's PS Ratio compare vs other companies in the HK Real Estate Industry?

2019 is good value based on its Price-To-Sales Ratio (0x) compared to the Hong Kong Real Estate industry average (0.6x).

What is 2019's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate 2019's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of 2019 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

2019 (HK$0.09) is trading below our estimate of [[fair value]] (HK$15.05)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Dexin China Holdings (SEHK:2019) - Stock Price, News & Analysis

2019 Stock Overview

An investment holding company, engages in the property development business in the People’s Republic of China. More details

2019 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 99.4% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

Earnings have declined by 49.1% per year over past 5 years

Does not have a meaningful market cap (HK$252M)

Has a high level of debt

Dexin China Holdings Company Limited Competitors

Ever Reach Group (Holdings)

SEHK:3616

HK$312.0m

Zhenro Properties Group

SEHK:6158

HK$318.8m

Ganglong China Property Group

SEHK:6968

HK$249.8m

Yida China Holdings

SEHK:3639

HK$250.6m

Price History & Performance

Summary of all time highs, changes and price drops for Dexin China Holdings
Historical stock prices
Current Share Price	HK$0.085
52 Week High	HK$0.29
52 Week Low	HK$0.031
Beta	0.72
11 Month Change	0%
3 Month Change	-6.59%
1 Year Change	-67.31%
33 Year Change	-97.01%
5 Year Change	-97.48%
Change since IPO	-96.96%

Recent updates

A Look At The Intrinsic Value Of Dexin China Holdings Company Limited (HKG:2019)

Mar 02

Calculating The Fair Value Of Dexin China Holdings Company Limited (HKG:2019)

Aug 11

Dexin China Holdings (HKG:2019) Has Announced That It Will Be Increasing Its Dividend To HK$0.13

Jun 06

Dexin China Holdings (HKG:2019) Has A Somewhat Strained Balance Sheet

Apr 28

Dexin China Holdings Company Limited's (HKG:2019) Intrinsic Value Is Potentially 22% Below Its Share Price

Apr 02

Is Dexin China Holdings Company Limited (HKG:2019) A High Quality Stock To Own?

Mar 07

Boasting A 18% Return On Equity, Is Dexin China Holdings Company Limited (HKG:2019) A Top Quality Stock?

Nov 22

Shareholder Returns

	2019	HK Real Estate	HK Market
7D	0%	-3.4%	-2.1%
1Y	-67.3%	-13.6%	9.7%

Return vs Industry: 2019 underperformed the Hong Kong Real Estate industry which returned -28.3% over the past year.

Return vs Market: 2019 underperformed the Hong Kong Market which returned -1% over the past year.

Price Volatility

Is 2019's price volatile compared to industry and market?
2019 volatility
2019 Average Weekly Movement	n/a
Real Estate Industry Average Movement	10.2%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	19.1%
10% least volatile stocks in HK Market	4.3%

Stable Share Price: 2019 has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine 2019's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1993	1,273	Zhongmin Fei	www.dothinkgroup.com

Dexin China Holdings Company Limited, an investment holding company, engages in the property development business in the People’s Republic of China. The company operates through three segments: Property Development and Construction, Property Investment, and Other Businesses. It develops residential, commercial, and industrial properties.

Dexin China Holdings Company Limited Fundamentals Summary

How do Dexin China Holdings's earnings and revenue compare to its market cap?
2019 fundamental statistics
Market cap	HK$252.39m
Earnings (TTM)	-HK$2.41b
Revenue (TTM)	HK$26.95b

0.0x

P/S Ratio

-0.1x

P/E Ratio

Is 2019 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2019 income statement (TTM)
Revenue	CN¥24.51b
Cost of Revenue	CN¥22.71b
Gross Profit	CN¥1.80b
Other Expenses	CN¥3.99b
Earnings	-CN¥2.19b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.74
Gross Margin	7.34%
Net Profit Margin	-8.93%
Debt/Equity Ratio	149.7%

How did 2019 perform over the long term?

See historical performance and comparison

2019 Stock Overview

Rewards

Risk Analysis

Dexin China Holdings Company Limited Competitors

SEHK:3616

HK$312.0m

SEHK:6158

HK$318.8m

SEHK:6968

HK$249.8m

SEHK:3639

HK$250.6m

Price History & Performance

Recent News & Updates

Dexin China Holdings Company Limited Announces Board Changes

Dexin China Holdings Company Limited Announces Winding Up Order by High Court of Hong Kong

Dexin China Holdings Company Limited, Annual General Meeting, Jun 26, 2024

Dexin China Holdings Company Limited Announces Executive Changes

New major risk - Share price stability

Insufficient new directors

Recent updates

Dexin China Holdings Company Limited Announces Board Changes

Dexin China Holdings Company Limited Announces Winding Up Order by High Court of Hong Kong

Dexin China Holdings Company Limited, Annual General Meeting, Jun 26, 2024

Dexin China Holdings Company Limited Announces Executive Changes

New major risk - Share price stability

Insufficient new directors

Dexin China Holdings Company Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

New major risk - Revenue and earnings growth

First half 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.27 profit in 1H 2022)

Now 50% undervalued after recent price drop

Dexin China Holdings Company Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2023

Dexin China Holdings Company Limited to Report First Half, 2023 Results on Aug 30, 2023

Dexin China Holdings Company Limited Announces Management Changes

Executive Director & VP recently sold HK$2.2m worth of stock

Estimating The Fair Value Of Dexin China Holdings Company Limited (HKG:2019)

Here's Why Dexin China Holdings (HKG:2019) Has A Meaningful Debt Burden

Dexin China Holdings Company Limited announced that it expects to receive HKD 236.108 million in funding from Tak Shin International Limited

Investor sentiment improved over the past week

Dexin China Holdings Company Limited Announces Final Dividend for the Year Ended 31 December 2021, Payable on 30 November 2023

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Dexin China Holdings Company Limited Approves Final Dividend for the Year Ended 31 December 2021, Payable on 30 November 2022

Investor sentiment deteriorated over the past week

Is Dexin China Holdings (HKG:2019) Using Too Much Debt?

First half 2022 earnings released: EPS: CN¥0.27 (vs CN¥0.23 in 1H 2021)

Dexin China Holdings Company Limited to Report First Half, 2022 Results on Aug 31, 2022

Investor sentiment deteriorated over the past week

Dexin China Holdings Company Limited Declares Final Dividend for the Year Ended 31 December 2021, Payable on 30 September 2022

Upcoming dividend of CN¥0.087 per share

Full year 2021 earnings released: EPS: CN¥0.35 (vs CN¥0.44 in FY 2020)

Dexin China Holdings Company Limited Recommends A Final Dividend for the Year 2021

Here's Why Dexin China Holdings (HKG:2019) Has A Meaningful Debt Burden

Less than half of directors are independent

Full year 2021 earnings released: EPS: CN¥0.35 (vs CN¥0.44 in FY 2020)

A Look At The Intrinsic Value Of Dexin China Holdings Company Limited (HKG:2019)

First half 2021 earnings released: EPS CN¥0.23 (vs CN¥0.26 in 1H 2020)

First half 2021 earnings released: EPS CN¥0.23 (vs CN¥0.26 in 1H 2020)

Calculating The Fair Value Of Dexin China Holdings Company Limited (HKG:2019)

An unknown buyer acquired Hangzhou Changying Commercial Management for CNY 56.8 million.

Dexin China Holdings (HKG:2019) Has Announced That It Will Be Increasing Its Dividend To HK$0.13

Upcoming dividend of CN¥0.11 per share

Full year 2020 earnings released: EPS CN¥0.44 (vs CN¥0.60 in FY 2019)

Dexin China Holdings Company Limited Recommends the Payment of Final Dividend for the Year Ended December 31, 2020

Dexin China Holdings (HKG:2019) Has A Somewhat Strained Balance Sheet

Dexin China Holdings Company Limited's (HKG:2019) Intrinsic Value Is Potentially 22% Below Its Share Price

Consensus forecasts updated

Full year 2020 earnings released: EPS CN¥0.44 (vs CN¥0.60 in FY 2019)

Dexin China Holdings Company Limited to Report Fiscal Year 2020 Results on Mar 25, 2021

Is Dexin China Holdings Company Limited (HKG:2019) A High Quality Stock To Own?

New 90-day high: HK$3.03

Boasting A 18% Return On Equity, Is Dexin China Holdings Company Limited (HKG:2019) A Top Quality Stock?

New 90-day low: HK$2.88

First half earnings released

Dexin China Holdings Company Limited Declares No Interim Dividend in Respect of the Six Months Ended 30 June 2020

Earnings released

Dexin China Holdings Company Limited Not to Declare Any Interim Dividend in Respect of the Six Months Ended 30 June 2020

Dexin China Holdings Company Limited to Report First Half, 2020 Results on Aug 25, 2020

Shareholder Returns

Price Volatility