697 Stock Overview

An investment holding company, engages in the management and operation of car parking assets. More details

697 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	5/6
Past Performance	2/6
Financial Health	5/6
Dividends	1/6

Rewards

Trading at 83.5% below our estimate of its fair value

Earnings are forecast to grow 24.76% per year

Risk Analysis

Dividend of 5.65% is not well covered by earnings or free cash flows

Profit margins (33.6%) are lower than last year (60.9%)

My Notes

Capture your thoughts, links and company narrative

Shoucheng Holdings Limited Competitors

Kerry Properties

SEHK:683

HK$21.5b

Tai Cheung Holdings

SEHK:88

HK$1.8b

Hong Kong Ferry (Holdings)

SEHK:50

HK$1.5b

Sun Hung Kai Properties

SEHK:16

HK$210.4b

Price History & Performance

Summary of share price highs, lows and changes for Shoucheng Holdings
Historical stock prices
Current Share Price	HK$0.97
52 Week High	HK$1.63
52 Week Low	HK$0.92
Beta	0.60
1 Month Change	-3.96%
3 Month Change	-30.22%
1 Year Change	-34.46%
3 Year Change	-37.82%
5 Year Change	-49.61%
Change since IPO	-75.44%

Shoucheng Holdings Limited's (HKG:697) Share Price Matching Investor Opinion

Dec 11

Shoucheng Holdings (HKG:697) Has A Pretty Healthy Balance Sheet

Nov 05

Recent updates

Shoucheng Holdings' (HKG:697) Weak Earnings May Only Reveal A Part Of The Whole Picture

May 02

Shoucheng Holdings (HKG:697) Is Reducing Its Dividend To HK$0.022

Apr 27

Shoucheng Holdings (HKG:697) Has Announced That Its Dividend Will Be Reduced To HK$0.022

Mar 31

Shoucheng Holdings Limited's (HKG:697) Share Price Not Quite Adding Up

Jan 18

We Think Shoucheng Holdings (HKG:697) Is Taking Some Risk With Its Debt

Oct 19

Shoucheng Holdings (HKG:697) Has Announced That Its Dividend Will Be Reduced To HK$0.0328

Aug 30

Are Investors Undervaluing Shoucheng Holdings Limited (HKG:697) By 46%?

Jun 28

Estimating The Intrinsic Value Of Shoucheng Holdings Limited (HKG:697)

Sep 25

Shoucheng Holdings (HKG:697) Has Affirmed Its Dividend Of HK$0.055

Apr 28

Is Shoucheng Holdings (HKG:697) A Risky Investment?

Oct 22

Shoucheng Holdings (HKG:697) Is Reducing Its Dividend To HK$0.041

Sep 15

Shoucheng Holdings' (HKG:697) Dividend Will Be Reduced To HK$0.041

Sep 01

Shoucheng Holdings (HKG:697) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway

May 03

Are Insiders Selling Shoucheng Holdings Limited (HKG:697) Stock?

Mar 19

How Much Of Shoucheng Holdings Limited (HKG:697) Do Institutions Own?

Jan 26

Shoucheng Holdings's (HKG:697) Earnings Are Growing But Is There More To The Story?

Dec 21

Shareholder Returns

	697	HK Real Estate	HK Market
7D	-1.0%	-6.7%	-2.2%
1Y	-34.5%	-10.6%	18.3%

Return vs Industry: 697 underperformed the Hong Kong Real Estate industry which returned -10.6% over the past year.

Return vs Market: 697 underperformed the Hong Kong Market which returned 18.3% over the past year.

Price Volatility

Is 697's price volatile compared to industry and market?
697 volatility
697 Average Weekly Movement	6.0%
Real Estate Industry Average Movement	9.9%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	18.7%
10% least volatile stocks in HK Market	4.1%

Stable Share Price: 697 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 697's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	427	n/a	www.shouchengholdings.com

Shoucheng Holdings Limited, an investment holding company, engages in the management and operation of car parking assets. It also manages private, infrastructure, and real estate funds and investments, as well as provides equity investments. The company was formerly known as Shougang Concord International Enterprises Company Limited and changed its name to Shoucheng Holdings Limited in May 2020.

Shoucheng Holdings Limited Fundamentals Summary

How do Shoucheng Holdings's earnings and revenue compare to its market cap?
697 fundamental statistics
Market cap	HK$7.21b
Earnings (TTM)	HK$360.92m
Revenue (TTM)	HK$1.07b

19.6x

P/E Ratio

6.6x

P/S Ratio

Is 697 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
697 income statement (TTM)
Revenue	HK$1.07b
Cost of Revenue	HK$580.21m
Gross Profit	HK$493.94m
Other Expenses	HK$133.02m
Earnings	HK$360.92m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.05
Gross Margin	45.98%
Net Profit Margin	33.60%
Debt/Equity Ratio	10.9%

How did 697 perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

101%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 17:14
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Shoucheng Holdings Limited is covered by 13 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Belle Chan	BOCI Research Ltd.
Qiu Heng Wang	China Galaxy Securities Co., Ltd.
Yuanqi Sun	China International Capital Corporation Limited

697 Stock Overview

Rewards

Risk Analysis

Shoucheng Holdings Limited Competitors

SEHK:683

HK$21.5b

SEHK:88

HK$1.8b

SEHK:50

HK$1.5b

SEHK:16

HK$210.4b

Price History & Performance

Recent News & Updates

Shoucheng Holdings Limited's (HKG:697) Share Price Matching Investor Opinion

Executive Director recently bought HK$193k worth of stock

Non-Executive Director recently bought HK$128k worth of stock

Shoucheng Holdings (HKG:697) Has A Pretty Healthy Balance Sheet

Shoucheng Holdings Limited to Report Q3, 2024 Results on Nov 01, 2024

Investor sentiment deteriorates as stock falls 16%

Recent updates

Shoucheng Holdings Limited's (HKG:697) Share Price Matching Investor Opinion

Executive Director recently bought HK$193k worth of stock

Non-Executive Director recently bought HK$128k worth of stock

Shoucheng Holdings (HKG:697) Has A Pretty Healthy Balance Sheet

Shoucheng Holdings Limited to Report Q3, 2024 Results on Nov 01, 2024

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of HK$0.029 per share

Shoucheng Holdings' (HKG:697) Dividend Will Be HK$0.0286

First half 2024 earnings released: EPS: HK$0.037 (vs HK$0.042 in 1H 2023)

Shoucheng Holdings Limited to Report First Half, 2024 Results on Aug 24, 2024

Upcoming dividend of HK$0.022 per share

Shoucheng Holdings' (HKG:697) Dividend Will Be Reduced To HK$0.022

Shoucheng Holdings' (HKG:697) Weak Earnings May Only Reveal A Part Of The Whole Picture

Full year 2023 earnings released: EPS: HK$0.056 (vs HK$0.13 in FY 2022)

Shoucheng Holdings (HKG:697) Is Reducing Its Dividend To HK$0.022

Shoucheng Holdings (HKG:697) Has Announced That Its Dividend Will Be Reduced To HK$0.022

Shoucheng Holdings Limited, Annual General Meeting, May 23, 2024

Full year 2023 earnings released: EPS: HK$0.056 (vs HK$0.13 in FY 2022)

Shoucheng Holdings Limited to Report Fiscal Year 2023 Final Results on Mar 28, 2024

Shoucheng Holdings Limited's (HKG:697) Share Price Not Quite Adding Up

Shoucheng Holdings Limited Appoints Wu Lishun as Non-Executive Director

Shoucheng Holdings Limited ADR - Unsponsored to Be Deleted from OTC Equity

Shoucheng Holdings Limited to Report Q3, 2023 Results on Nov 03, 2023

We Think Shoucheng Holdings (HKG:697) Is Taking Some Risk With Its Debt

Non-Executive Director recently bought HK$271k worth of stock

Investor sentiment deteriorates as stock falls 17%

Upcoming dividend of HK$0.033 per share at 5.3% yield

Shoucheng Holdings (HKG:697) Has Announced That Its Dividend Will Be Reduced To HK$0.0328

First half 2023 earnings released: EPS: HK$0.042 (vs HK$0.085 in 1H 2022)

Shoucheng Holdings Limited Announces Interim Dividend for the Six Months Ended June 30, 2023, Payable on 17 November 2023

Shoucheng Holdings Limited to Report First Half, 2023 Results on Aug 28, 2023

Less than half of directors are independent

Shoucheng Holdings Limited Updates Final Dividend for the Year Ended 31 December 2022, Payment Date: 03 August 2023

Upcoming dividend of HK$0.053 per share at 4.9% yield

Executive Chairman of the Board recently sold HK$2.6m worth of stock

Are Investors Undervaluing Shoucheng Holdings Limited (HKG:697) By 46%?

Shoucheng Holdings Limited Announces Executive Changes

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Less than half of directors are independent

Investor sentiment improved over the past week

Shoucheng Holdings Limited to Report Q3, 2022 Results on Oct 28, 2022

Upcoming dividend of HK$0.014 per share

Estimating The Intrinsic Value Of Shoucheng Holdings Limited (HKG:697)

Executive Chairman of the Board recently bought HK$252k worth of stock

Executive Chairman of the Board recently bought HK$124k worth of stock

Shoucheng Holdings Limited Announces Interim Dividend for the Six Months Ended June 30, 2022, Payable on 18 November 2022

First half 2022 earnings released: EPS: HK$0.085 (vs HK$0.19 loss in 1H 2021)

Shoucheng Holdings Limited to Report First Half, 2022 Results on Aug 25, 2022

Shoucheng Holdings Limited Provides Earnings Guidance for the Six Months Ended June 30, 2022

Executive Chairman of the Board recently bought HK$113k worth of stock

Upcoming dividend of HK$0.055 per share

Now 21% undervalued after recent price drop

Executive Chairman of the Board recently bought HK$117k worth of stock

Now 21% undervalued

Executive Chairman of the Board recently bought HK$113k worth of stock

Shoucheng Holdings (HKG:697) Has Affirmed Its Dividend Of HK$0.055

Less than half of directors are independent

Executive Chairman of the Board recently bought HK$248k worth of stock

Full year 2021 earnings: EPS exceeds analyst expectations