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1036

Vanke Overseas Investment Holding SEHK:1036 Stock Report

Last Price

HK$2.30

Market Cap

HK$895.9m

7D

0%

1Y

-9.4%

Updated

12 Aug, 2022

Data

Company Financials
1036 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends3/6

1036 Stock Overview

Vanke Overseas Investment Holding Company Limited, an investment holding company, invests in, develops, finances, rents, and manages real estate properties in Hong Kong, the United Kingdom, and the United States.

Vanke Overseas Investment Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vanke Overseas Investment Holding
Historical stock prices
Current Share PriceHK$2.30
52 Week HighHK$3.49
52 Week LowHK$2.09
Beta0.52
1 Month Change-3.77%
3 Month Change3.14%
1 Year Change-9.45%
3 Year Change-51.37%
5 Year Change-52.18%
Change since IPO-75.66%

Recent News & Updates

May 26
Vanke Overseas Investment Holding (HKG:1036) Has Announced A Dividend Of HK$0.09

Vanke Overseas Investment Holding (HKG:1036) Has Announced A Dividend Of HK$0.09

Vanke Overseas Investment Holding Company Limited's ( HKG:1036 ) investors are due to receive a payment of HK$0.09 per...

Apr 27
Vanke Overseas Investment Holding (HKG:1036) Has Announced A Dividend Of HK$0.09

Vanke Overseas Investment Holding (HKG:1036) Has Announced A Dividend Of HK$0.09

Vanke Overseas Investment Holding Company Limited ( HKG:1036 ) has announced that it will pay a dividend of HK$0.09 per...

Shareholder Returns

1036HK Real EstateHK Market
7D0%-1.5%0.3%
1Y-9.4%-36.4%-21.6%

Return vs Industry: 1036 exceeded the Hong Kong Real Estate industry which returned -36.6% over the past year.

Return vs Market: 1036 exceeded the Hong Kong Market which returned -22% over the past year.

Price Volatility

Is 1036's price volatile compared to industry and market?
1036 volatility
1036 Average Weekly Movement4.6%
Real Estate Industry Average Movement5.8%
Market Average Movement6.5%
10% most volatile stocks in HK Market12.6%
10% least volatile stocks in HK Market3.2%

Stable Share Price: 1036 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 1036's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1996105Dongwu Quehttps://www.vankeoverseas.com

Vanke Overseas Investment Holding Company Limited, an investment holding company, invests in, develops, finances, rents, and manages real estate properties in Hong Kong, the United Kingdom, and the United States. It also provides property redevelopment, asset management, administrative, and investment advisory services. The company was formerly known as Vanke Property (Overseas) Limited and changed its name to Vanke Overseas Investment Holding Company Limited in December 2019.

Vanke Overseas Investment Holding Fundamentals Summary

How do Vanke Overseas Investment Holding's earnings and revenue compare to its market cap?
1036 fundamental statistics
Market CapHK$895.91m
Earnings (TTM)HK$424.58m
Revenue (TTM)HK$464.49m

2.1x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1036 income statement (TTM)
RevenueHK$464.49m
Cost of RevenueHK$182.43m
Gross ProfitHK$282.05m
Other Expenses-HK$142.53m
EarningsHK$424.58m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.09
Gross Margin60.72%
Net Profit Margin91.41%
Debt/Equity Ratio28.1%

How did 1036 perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

8%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 1036 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1036?

Other financial metrics that can be useful for relative valuation.

1036 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.9x
Enterprise Value/EBITDA5.9x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 1036's PE Ratio compare to its peers?

1036 PE Ratio vs Peers
The above table shows the PE ratio for 1036 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.5x
278 Wah Ha Realty
13.3xn/aHK$517.7m
1168 Sinolink Worldwide Holdings
7.2xn/aHK$1.4b
480 HKR International
3.7x-2.2%HK$4.0b
207 Joy City Property
5.6xn/aHK$3.8b
1036 Vanke Overseas Investment Holding
2.1xn/aHK$895.9m

Price-To-Earnings vs Peers: 1036 is good value based on its Price-To-Earnings Ratio (2.1x) compared to the peer average (7.5x).


Price to Earnings Ratio vs Industry

How does 1036's PE Ratio compare vs other companies in the HK Real Estate Industry?

Price-To-Earnings vs Industry: 1036 is good value based on its Price-To-Earnings Ratio (2.1x) compared to the Hong Kong Real Estate industry average (5.8x)


Price to Earnings Ratio vs Fair Ratio

What is 1036'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.

1036 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1036's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 1036 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1036 (HK$2.3) is trading above our estimate of fair value (HK$1.33)

Significantly Below Fair Value: 1036 is trading above our estimate of fair value.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Vanke Overseas Investment Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.6%

Forecasted Real Estate 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 Vanke Overseas Investment Holding 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.


Discover growth companies

Past Performance

How has Vanke Overseas Investment Holding performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


10.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1036 has a large one-off gain of HK$287.2M impacting its December 31 2021 financial results.

Growing Profit Margin: 1036's current net profit margins (91.4%) are higher than last year (38.9%).


Past Earnings Growth Analysis

Earnings Trend: 1036's earnings have grown by 10.1% per year over the past 5 years.

Accelerating Growth: 1036's earnings growth over the past year (128.6%) exceeds its 5-year average (10.1% per year).

Earnings vs Industry: 1036 earnings growth over the past year (128.6%) exceeded the Real Estate industry 15.8%.


Return on Equity

High ROE: 1036's Return on Equity (9.9%) is considered low.


Discover strong past performing companies

Financial Health

How is Vanke Overseas Investment Holding's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1036's short term assets (HK$1.0B) do not cover its short term liabilities (HK$1.1B).

Long Term Liabilities: 1036's short term assets (HK$1.0B) exceed its long term liabilities (HK$552.9M).


Debt to Equity History and Analysis

Debt Level: 1036's net debt to equity ratio (9.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 1036's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 1036's debt is not well covered by operating cash flow (7.8%).

Interest Coverage: 1036's interest payments on its debt are well covered by EBIT (8.4x coverage).


Balance Sheet


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Dividend

What is Vanke Overseas Investment Holding current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.91%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 1036's dividend (3.91%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.87%).

High Dividend: 1036's dividend (3.91%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.25%).


Stability and Growth of Payments

Stable Dividend: 1036's dividend payments have been volatile in the past 10 years.

Growing Dividend: 1036's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (8.3%), 1036's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (37.4%), 1036's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

1.9yrs

Average management tenure


CEO

Dongwu Que (56 yo)

3.5yrs

Tenure

HK$481,000

Compensation

Ms. Dongwu Que had been Supervisor and Chief Executive Officer of Vanke Overseas Investment Holding Company Limited at China Vanke Co., Ltd. since 2020 until November 2021. Ms. Que had been Group Partner a...


CEO Compensation Analysis

Compensation vs Market: Dongwu's total compensation ($USD61.32K) is below average for companies of similar size in the Hong Kong market ($USD246.27K).

Compensation vs Earnings: Dongwu's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 1036's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: 1036's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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.


Ownership Breakdown

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


Top Shareholders

Company Information

Vanke Overseas Investment Holding Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Vanke Overseas Investment Holding Company Limited
  • Ticker: 1036
  • Exchange: SEHK
  • Founded: 1996
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Implied Market Cap: HK$895.914m
  • Shares outstanding: 389.53m
  • Website: https://www.vankeoverseas.com

Number of Employees


Location

  • Vanke Overseas Investment Holding Company Limited
  • Bank of China Tower
  • 55th Floor
  • Central
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/12 00:00
End of Day Share Price2022/08/12 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.