Greentown China Holdings (SZSC:3900) - Stock Price, News & Analysis

3900 Stock Overview

An investment holding company, engages in the property development and related business in China.

3900 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	1/6
Financial Health	3/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (5.6x) is below the Hong Kong market (9x)

Earnings are forecast to grow 7.64% per year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Profit margins (1.8%) are lower than last year (2.9%)

Large one-off items impacting financial results

Unstable dividend track record

Greentown China Holdings Limited Competitors

Yuexiu Property

SEHK:123

HK$17.8b

Hopson Development Holdings

SEHK:754

HK$9.4b

C&D International Investment Group

SEHK:1908

HK$22.9b

Tian An China Investments

SEHK:28

HK$5.7b

Price History & Performance

Summary of all time highs, changes and price drops for Greentown China Holdings
Historical stock prices
Current Share Price	HK$6.43
52 Week High	HK$9.39
52 Week Low	HK$4.94
Beta	0.72
11 Month Change	11.25%
3 Month Change	-1.68%
1 Year Change	-26.18%
33 Year Change	-41.01%
5 Year Change	5.07%
Change since IPO	-0.46%

Recent updates

Shareholder Returns

	3900	HK Real Estate	HK Market
7D	9.9%	4.7%	3.9%
1Y	-26.2%	-22.6%	1.5%

Return vs Industry: 3900 underperformed the Hong Kong Real Estate industry which returned -22.6% over the past year.

Return vs Market: 3900 underperformed the Hong Kong Market which returned 1.5% over the past year.

Price Volatility

Is 3900's price volatile compared to industry and market?
3900 volatility
3900 Average Weekly Movement	6.4%
Real Estate Industry Average Movement	6.3%
Market Average Movement	6.3%
10% most volatile stocks in HK Market	13.3%
10% least volatile stocks in HK Market	3.3%

Stable Share Price: 3900 has not had significant price volatility in the past 3 months.

Volatility Over Time: 3900's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1995	9,158	Jiafeng Guo	www.greentownchina.com

Greentown China Holdings Limited, an investment holding company, engages in the property development and related business in China. It operates through Property Development, Hotel Operations, Property Investment, Project Management, and Other segments. The company develops and sells residential properties.

Greentown China Holdings Limited Fundamentals Summary

How do Greentown China Holdings's earnings and revenue compare to its market cap?
3900 fundamental statistics
Market cap	HK$16.28b
Earnings (TTM)	HK$2.89b
Revenue (TTM)	HK$159.06b

5.6x

P/E Ratio

0.1x

P/S Ratio

Is 3900 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3900 income statement (TTM)
Revenue	CN¥143.97b
Cost of Revenue	CN¥127.71b
Gross Profit	CN¥16.26b
Other Expenses	CN¥13.64b
Earnings	CN¥2.62b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.03
Gross Margin	11.29%
Net Profit Margin	1.82%
Debt/Equity Ratio	136.2%

How did 3900 perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

38%

Payout Ratio

3900 Stock Overview

Rewards

Risk Analysis

Greentown China Holdings Limited Competitors

SEHK:123

HK$17.8b

SEHK:754

HK$9.4b

SEHK:1908

HK$22.9b

SEHK:28

HK$5.7b

Price History & Performance

Recent News & Updates

Now 22% overvalued

First half 2024 earnings released: EPS: CN¥0.81 (vs CN¥0.99 in 1H 2023)

Now 21% undervalued after recent price drop

Greentown China Holdings Limited to Report First Half, 2024 Results on Aug 23, 2024

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of CN¥0.43 per share

Recent updates

Now 22% overvalued

First half 2024 earnings released: EPS: CN¥0.81 (vs CN¥0.99 in 1H 2023)

Now 21% undervalued after recent price drop

Greentown China Holdings Limited to Report First Half, 2024 Results on Aug 23, 2024

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of CN¥0.43 per share

Now 23% overvalued after recent price rise

Investor sentiment improves as stock rises 19%

Now 24% overvalued after recent price rise

New major risk - Financial position

Investor sentiment improves as stock rises 38%

Now 22% undervalued after recent price drop

Greentown China Holdings Limited Announces Management Changes

Dividend of CN¥0.43 announced

Greentown China Holdings Limited, Annual General Meeting, Jun 14, 2024

Full year 2023 earnings released

Greentown China Holdings Limited to Report Fiscal Year 2023 Results on Mar 22, 2024

Investor sentiment improves as stock rises 15%

Investor sentiment deteriorates as stock falls 17%

Now 24% undervalued after recent price drop

First half 2023 earnings released: EPS: CN¥0.99 (vs CN¥0.67 in 1H 2022)

Greentown China Holdings Limited to Report First Half, 2023 Results on Aug 25, 2023

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of CN¥0.50 per share at 6.4% yield

Greentown China Holdings Limited Recommends Final Dividend for the Year Ended December 31, 2022, Expects to Pay Before 31 July 2023

Full year 2022 earnings released: EPS: CN¥1.03 (vs CN¥1.31 in FY 2021)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First half 2022 earnings released: EPS: CN¥0.67 (vs CN¥0.71 in 1H 2021)

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

Key Executive recently sold HK$1.9m worth of stock

Greentown China Holdings Limited Approves Final Dividend for the Year Ended 31 December 2021, Payable on 29 July 2022

Upcoming dividend of CN¥0.46 per share

Greentown China Holdings Limited Announces Board Changes

Full year 2021 earnings released: EPS: CN¥1.31 (vs CN¥1.05 in FY 2020)

Less than half of directors are independent

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Alternate Director recently bought HK$799k worth of stock

Investor sentiment improved over the past week

First half 2021 earnings released: EPS CN¥0.71 (vs CN¥0.65 in 1H 2020)

Investor sentiment improved over the past week

Alternate Director recently sold HK$213k worth of stock

Investor sentiment deteriorated over the past week

Alternate Director recently sold HK$342k worth of stock

Alternate Director recently sold HK$371k worth of stock

Investor sentiment improved over the past week

Upcoming dividend of CN¥0.35 per share

Greentown China Holdings Limited Recommends Final Dividend for the Year Ended 31 December 2020

Full year 2020 earnings released: EPS CN¥1.05 (vs CN¥0.55 in FY 2019)

Alternate Director recently bought HK$480k worth of stock

Full year 2020 earnings released: EPS CN¥1.05 (vs CN¥0.55 in FY 2019)

Executive Director has left the company

Executive Director has left the company

Investor sentiment improved over the past week