GR Properties Limited, together with its subsidiaries, provides property development and investment services in the People's Republic of China, the United States, and the United Kingdom.
No risks detected for 108 from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$1.00|
|52 Week High||HK$0.78|
|52 Week Low||HK$1.45|
|1 Month Change||3.09%|
|3 Month Change||7.53%|
|1 Year Change||-12.28%|
|3 Year Change||33.33%|
|5 Year Change||2.04%|
|Change since IPO||49.25%|
Recent News & Updates
Here's Why GR Properties (HKG:108) Is Weighed Down By Its Debt Load
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Here's Why GR Properties (HKG:108) Has A Meaningful Debt Burden
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|108||HK Real Estate||HK Market|
Return vs Industry: 108 matched the Hong Kong Real Estate industry which returned -12.5% over the past year.
Return vs Market: 108 underperformed the Hong Kong Market which returned 5.3% over the past year.
Stable Share Price: 108 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 108's weekly volatility (10%) has been stable over the past year.
About the Company
GR Properties Limited, together with its subsidiaries, provides property development and investment services in the People's Republic of China, the United States, and the United Kingdom. The company operates through Property Development and Investment; Property Management; and Operation of the Recreational Centre segments. It also offers property management services for office buildings, residential properties, and car parks; provides heat supply and maintenance services for heat exchange stations and pipeline networks; property management services to vacant properties; and general management services, such as repair and maintenance of the buildings and fire safety equipment.
GR Properties Fundamentals Summary
|108 fundamental statistics|
Is 108 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|108 income statement (TTM)|
|Cost of Revenue||HK$133.28m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00018|
|Net Profit Margin||-0.17%|
How did 108 perform over the long term?See historical performance and comparison
Is GR Properties undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 108 (HK$1) is trading above our estimate of fair value (HK$0.01)
Significantly Below Fair Value: 108 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 108 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Real Estate industry average.
PE vs Market: 108 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 108's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 108 is overvalued based on its PB Ratio (0.9x) compared to the HK Real Estate industry average (0.4x).
How is GR Properties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 GR Properties 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.
How has GR Properties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 108 is currently unprofitable.
Growing Profit Margin: 108 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 108 is unprofitable, but has reduced losses over the past 5 years at a rate of 55% per year.
Accelerating Growth: Unable to compare 108's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 108 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (23.4%).
Return on Equity
High ROE: 108 has a negative Return on Equity (-0.005%), as it is currently unprofitable.
How is GR Properties's financial position?
Financial Position Analysis
Short Term Liabilities: 108's short term assets (HK$1.8B) do not cover its short term liabilities (HK$2.0B).
Long Term Liabilities: 108's short term assets (HK$1.8B) exceed its long term liabilities (HK$893.4M).
Debt to Equity History and Analysis
Debt Level: 108's debt to equity ratio (58.1%) is considered high.
Reducing Debt: 108's debt to equity ratio has increased from 0.4% to 58.1% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 108 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 108 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.8% per year.
What is GR Properties's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 108's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 108's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 108's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 108's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 108's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Chunxian Wei (57 yo)
Mr. Chunxian Wei has been the Chairman and Executive Director of GR Properties Limited since February 17, 2014 and serves as its Chief Executive Officer since April 01, 2021. In addition, he is also the pr...
CEO Compensation Analysis
Compensation vs Market: Chunxian's total compensation ($USD64.02K) is below average for companies of similar size in the Hong Kong market ($USD342.08K).
Compensation vs Earnings: Chunxian's compensation has been consistent with company performance over the past year.
Experienced Board: 108's board of directors are considered experienced (5.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
GR Properties Limited's employee growth, exchange listings and data sources
- Name: GR Properties Limited
- Ticker: 108
- Exchange: SEHK
- Founded: NaN
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: HK$3.199b
- Shares outstanding: 3.20b
- Website: https://www.grproperties.com.hk
Number of Employees
- GR Properties Limited
- Wheelock House
- Suite 1603
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:11|
|End of Day Share Price||2021/10/18 00:00|
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.