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1224

C C Land Holdings SEHK:1224 Stock Report

Last Price

HK$2.01

Market Cap

HK$7.8b

7D

3.1%

1Y

5.8%

Updated

16 Aug, 2022

Data

Company Financials
1224 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends0/6

1224 Stock Overview

C C Land Holdings Limited, an investment holding company, invests in and develops properties in the United Kingdom, Hong Kong, and Mainland China.

Risk Analysis

Large one-off items impacting financial results


C C Land Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for C C Land Holdings
Historical stock prices
Current Share PriceHK$2.01
52 Week HighHK$2.08
52 Week LowHK$1.63
Beta-0.047
1 Month Change1.52%
3 Month Change-1.95%
1 Year Change5.79%
3 Year Change11.67%
5 Year Change18.24%
Change since IPO145.12%

Recent News & Updates

Shareholder Returns

1224HK Real EstateHK Market
7D3.1%0.2%-0.5%
1Y5.8%-35.2%-20.6%

Return vs Industry: 1224 exceeded the Hong Kong Real Estate industry which returned -37.3% over the past year.

Return vs Market: 1224 exceeded the Hong Kong Market which returned -21.6% over the past year.

Price Volatility

Is 1224's price volatile compared to industry and market?
1224 volatility
1224 Average Weekly Movement2.7%
Real Estate Industry Average Movement5.7%
Market Average Movement6.5%
10% most volatile stocks in HK Market12.6%
10% least volatile stocks in HK Market3.2%

Stable Share Price: 1224 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 1224's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998121Peter Lamhttps://www.ccland.com.hk

C C Land Holdings Limited, an investment holding company, invests in and develops properties in the United Kingdom, Hong Kong, and Mainland China. The company operates through two segments, Property Development and Investment; and Treasury Investment. It also invests in securities and notes receivable; and provides financial services, as well as engages in treasury management services.

C C Land Holdings Fundamentals Summary

How do C C Land Holdings's earnings and revenue compare to its market cap?
1224 fundamental statistics
Market CapHK$7.80b
Earnings (TTM)HK$490.08m
Revenue (TTM)HK$648.05m

15.9x

P/E Ratio

12.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1224 income statement (TTM)
RevenueHK$648.05m
Cost of RevenueHK$20.67m
Gross ProfitHK$627.38m
Other ExpensesHK$137.30m
EarningsHK$490.08m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Aug 23, 2022

Earnings per share (EPS)0.13
Gross Margin96.81%
Net Profit Margin75.62%
Debt/Equity Ratio70.7%

How did 1224 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

16%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 1224 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 1224?

Other financial metrics that can be useful for relative valuation.

1224 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/Revenue23.4x
Enterprise Value/EBITDA53.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 1224's PE Ratio compare to its peers?

1224 PE Ratio vs Peers
The above table shows the PE ratio for 1224 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average5.4x
173 K. Wah International Holdings
2.7x-38.6%HK$9.2b
1668 China South City Holdings
7.5x38.1%HK$5.7b
119 Poly Property Group
2.4xn/aHK$6.0b
588 Beijing North Star
9xn/aHK$7.2b
1224 C C Land Holdings
15.9xn/aHK$7.8b

Price-To-Earnings vs Peers: 1224 is expensive based on its Price-To-Earnings Ratio (15.9x) compared to the peer average (5.4x).


Price to Earnings Ratio vs Industry

How does 1224's PE Ratio compare vs other companies in the HK Real Estate Industry?

Price-To-Earnings vs Industry: 1224 is expensive based on its Price-To-Earnings Ratio (15.9x) compared to the Hong Kong Real Estate industry average (5.6x)


Price to Earnings Ratio vs Fair Ratio

What is 1224'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.

1224 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1224's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 1224 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1224 (HK$2.01) is trading above our estimate of fair value (HK$0.3)

Significantly Below Fair Value: 1224 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 C C Land Holdings 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


9.5%

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 C C Land Holdings 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

  • Take a look at our analysis of 1224’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • C C Land Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has C C Land Holdings performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


49.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1224 has a large one-off loss of HK$304.0M impacting its December 31 2021 financial results.

Growing Profit Margin: 1224's current net profit margins (75.6%) are lower than last year (99.9%).


Past Earnings Growth Analysis

Earnings Trend: 1224 has become profitable over the past 5 years, growing earnings by 49.3% per year.

Accelerating Growth: 1224's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1224 had negative earnings growth (-16.7%) over the past year, making it difficult to compare to the Real Estate industry average (15.4%).


Return on Equity

High ROE: 1224's Return on Equity (2.7%) is considered low.


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Financial Health

How is C C Land Holdings's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1224's short term assets (HK$7.0B) do not cover its short term liabilities (HK$9.7B).

Long Term Liabilities: 1224's short term assets (HK$7.0B) exceed its long term liabilities (HK$3.8B).


Debt to Equity History and Analysis

Debt Level: 1224's net debt to equity ratio (39.7%) is considered satisfactory.

Reducing Debt: 1224's debt to equity ratio has increased from 1.7% to 70.7% over the past 5 years.

Debt Coverage: 1224's debt is not well covered by operating cash flow (2.6%).

Interest Coverage: 1224's interest payments on its debt are not well covered by EBIT (0.9x coverage).


Balance Sheet


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Dividend

What is C C Land Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.00%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 1224's dividend (1%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.87%).

High Dividend: 1224's dividend (1%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.31%).


Stability and Growth of Payments

Stable Dividend: 1224 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.

Growing Dividend: 1224 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: 1224 is not paying a notable dividend for the Hong Kong market.


Cash Payout to Shareholders

Cash Flow Coverage: 1224 is not paying a notable dividend for the Hong Kong market.


Discover strong dividend paying companies

Management

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

16.7yrs

Average management tenure


CEO

Peter Lam (74 yo)

23.33yrs

Tenure

HK$19,874,000

Compensation

Dr. How Mun Lam, also known as Peter, founded C C Land Holdings Limited and has been its Managing Director since April 9, 1999. Dr. Lam has responsibility for the strategic development and the overall busi...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD2.54M) is above average for companies of similar size in the Hong Kong market ($USD548.44K).

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


Leadership Team

Experienced Management: 1224's management team is seasoned and experienced (16.7 years average tenure).


Board Members

Experienced Board: 1224's board of directors are seasoned and experienced ( 22.4 years average tenure).


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

C C Land Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: C C Land Holdings Limited
  • Ticker: 1224
  • Exchange: SEHK
  • Founded: 1998
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Implied Market Cap: HK$7.803b
  • Shares outstanding: 3.88b
  • Website: https://www.ccland.com.hk

Number of Employees


Location

  • C C Land Holdings Limited
  • China Resources Building
  • 25th Floor
  • Wan Chai
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/16 00:00
End of Day Share Price2022/08/16 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.