How does 123's PE Ratio compare to its peers?

123 is good value based on its Price-To-Earnings Ratio (7.3x) compared to the peer average (36.9x).

How does 123's PE Ratio compare vs other companies in the HK Real Estate Industry?

123 is expensive based on its Price-To-Earnings Ratio (7.3x) compared to the Hong Kong Real Estate industry average (7.2x).

What is 123's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

123 is good value based on its Price-To-Earnings Ratio (7.3x) compared to the estimated Fair Price-To-Earnings Ratio (9.4x).

What is the Fair Price of 123 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

123 (HK$5.5) is trading below our estimate of [[fair value]] (HK$281.15)

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

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Yuexiu Property (SHSC:123) - Stock Price, News & Analysis

123 Stock Overview

Develops, sells, and manages properties primarily in Mainland China and Hong Kong. More details

123 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	1/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 98% below our estimate of its fair value

Earnings are forecast to grow 9.15% per year

Risk Analysis

Debt is not well covered by operating cash flow

Volatile share price over the past 3 months compared to the Hong Kong market

Profit margins (3.4%) are lower than last year (6%)

Unstable dividend track record

Yuexiu Property Company Limited Competitors

Greentown China Holdings

SEHK:3900

HK$23.1b

C&D International Investment Group

SEHK:1908

HK$25.6b

Hopson Development Holdings

SEHK:754

HK$11.9b

Poly Property Group

SEHK:119

HK$6.0b

Price History & Performance

Summary of all time highs, changes and price drops for Yuexiu Property
Historical stock prices
Current Share Price	HK$5.50
52 Week High	HK$8.38
52 Week Low	HK$3.52
Beta	0.42
11 Month Change	-9.09%
3 Month Change	36.48%
1 Year Change	-29.40%
33 Year Change	-24.66%
5 Year Change	-34.13%
Change since IPO	-24.14%

Recent updates

Shareholder Returns

	123	HK Real Estate	HK Market
7D	-5.7%	-2.5%	-0.6%
1Y	-29.4%	-14.5%	9.6%

Return vs Industry: 123 underperformed the Hong Kong Real Estate industry which returned -14.5% over the past year.

Return vs Market: 123 underperformed the Hong Kong Market which returned 9.6% over the past year.

Price Volatility

Is 123's price volatile compared to industry and market?
123 volatility
123 Average Weekly Movement	13.8%
Real Estate Industry Average Movement	10.1%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	19.2%
10% least volatile stocks in HK Market	4.3%

Stable Share Price: 123's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: 123's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

Founded	Employees	CEO	Website
1992	18,800	Huisong Zhu	www.yuexiuproperty.com

Yuexiu Property Company Limited, together with its subsidiaries, develops, sells, and manages properties primarily in Mainland China and Hong Kong. It operates through four segments: Property Development, Property Management, Property Investment, and Other. The company is involved in holding investment properties.

Yuexiu Property Company Limited Fundamentals Summary

How do Yuexiu Property's earnings and revenue compare to its market cap?
123 fundamental statistics
Market cap	HK$22.14b
Earnings (TTM)	HK$3.05b
Revenue (TTM)	HK$89.67b

7.3x

P/E Ratio

0.2x

P/S Ratio

Is 123 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
123 income statement (TTM)
Revenue	CN¥83.47b
Cost of Revenue	CN¥72.06b
Gross Profit	CN¥11.40b
Other Expenses	CN¥8.57b
Earnings	CN¥2.84b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.71
Gross Margin	13.66%
Net Profit Margin	3.40%
Debt/Equity Ratio	105.3%

How did 123 perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

44%

Payout Ratio

123 Stock Overview

Rewards

Risk Analysis

Yuexiu Property Company Limited Competitors

SEHK:3900

HK$23.1b

SEHK:1908

HK$25.6b

SEHK:754

HK$11.9b

SEHK:119

HK$6.0b

Price History & Performance

Recent News & Updates

Investor sentiment deteriorates as stock falls 16%

Investor sentiment deteriorates as stock falls 18%

Upcoming dividend of HK$0.19 per share

New minor risk - Share price stability

First half 2024 earnings released: EPS: CN¥0.46 (vs CN¥0.63 in 1H 2023)

Independent Non-Executive Director recently bought HK$1.5m worth of stock

Recent updates

Investor sentiment deteriorates as stock falls 16%

Investor sentiment deteriorates as stock falls 18%

Upcoming dividend of HK$0.19 per share

New minor risk - Share price stability

First half 2024 earnings released: EPS: CN¥0.46 (vs CN¥0.63 in 1H 2023)

Independent Non-Executive Director recently bought HK$1.5m worth of stock

Investor sentiment improves as stock rises 21%

Yuexiu Property Company Limited Appoints Mr. Su Junjie as A Non-Executive Director

First half 2024 earnings released: EPS: CN¥0.46 (vs CN¥0.63 in 1H 2023)

New minor risk - Profit margin trend

Yuexiu Property Company Limited Announces Ordinary Interim Dividend for the Half Year Ended June 30, 2024, Payable on November 21, 2024

Yuexiu Property Company Limited to Report First Half, 2024 Results on Aug 28, 2024

Upcoming dividend of HK$0.15 per share

Investor sentiment improves as stock rises 17%

Full year 2023 earnings released: EPS: CN¥0.85 (vs CN¥1.28 in FY 2022)

Yuexiu Property Company Limited, Annual General Meeting, Jun 26, 2024

Yuexiu Property Company Limited Announces Resignation of Lin Feng as General Manager

Full year 2023 earnings released: EPS: CN¥0.85 (vs CN¥1.28 in FY 2022)

Yuexiu Property Company Limited Proposes Final Dividend for the Year Ended December 31, 2023, Payable on July 31, 2024

Yuexiu Property Company Limited to Report Fiscal Year 2023 Final Results on Mar 26, 2024

Now 22% undervalued after recent price drop

Now 20% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 21%

Now 23% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 15%

Executive Vice Chairman & GM recently bought HK$369k worth of stock

Upcoming dividend of HK$0.23 per share at 6.2% yield

Executive Chairman recently sold HK$2.8m worth of stock

First half 2023 earnings released: EPS: CN¥0.63 (vs CN¥0.55 in 1H 2022)

Yuexiu Property Company Limited Announces Interim Dividend for the Half-Year Period Ended 30 June 2023 Payable on 21 November 2023

Yuexiu Property Company Limited to Report First Half, 2023 Results on Aug 25, 2023

Executive Vice Chairman & GM recently bought HK$747k worth of stock

Yuexiu Property Company Limited completed the Spin-Off of Yuexiu Real Estate Investment Trust (SEHK:405).

Investor sentiment improves as stock rises 16%

Upcoming dividend of HK$0.31 per share at 7.6% yield

Investor sentiment deteriorates as stock falls 15%

Full year 2022 earnings released: EPS: CN¥1.28 (vs CN¥1.16 in FY 2021)

Independent Non-Executive Director recently sold HK$6.3m worth of stock

Investor sentiment improved over the past week

Executive Chairman recently sold HK$3.5m worth of stock

Investor sentiment improved over the past week

Less than half of directors are independent

Now 21% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Upcoming dividend of HK$0.32 per share

Independent Non-Executive Director recently sold HK$2.2m worth of stock

Yuexiu Property Company Limited Declares Interim Dividend for 2022, Payable on or Around 18 November 2022

First half 2022 earnings released: EPS: CN¥0.55 (vs CN¥0.74 in 1H 2021)

Yuexiu Property Company Limited to Report First Half, 2022 Results on Aug 18, 2022

Less than half of directors are independent

Yuexiu Property Company Limited Provides Sales Guidance for the Year 2022

Less than half of directors are independent

Yuexiu Property Company Limited to Report Fiscal Year 2021 Results on Mar 10, 2022

Yuexiu Property's Ordinary Shares to Be Deleted from Other OTC

Upcoming dividend of HK$0.063 per share

Executive Chairman recently bought HK$951k worth of stock

Full year 2020 earnings released: EPS CN¥0.27 (vs CN¥0.24 in FY 2019)

Yuexiu Property Company Limited Provides Contracted Sales Guidance for the Year 2021

Yuexiu Property Company Limited Proposes the Payment of Final Dividend for 2020, Payable on or About 8 July 2021