SEHK:124

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Guangdong Land Holdings

Executive Summary

Guangdong Land Holdings Limited, an investment holding company, engages in property development and investment primarily in Mainland China. More Details


Snowflake Analysis

Solid track record and fair value.

Share Price & News

How has Guangdong Land Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 124's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.5%

124

-2.7%

HK Real Estate

0.1%

HK Market


1 Year Return

-3.3%

124

-11.0%

HK Real Estate

2.0%

HK Market

Return vs Industry: 124 exceeded the Hong Kong Real Estate industry which returned -11% over the past year.

Return vs Market: 124 underperformed the Hong Kong Market which returned 2% over the past year.


Shareholder returns

124IndustryMarket
7 Day3.5%-2.7%0.1%
30 Day2.6%-3.4%2.4%
90 Day12.4%-5.4%-0.4%
1 Year-3.3%-3.3%-6.2%-11.0%6.3%2.0%
3 Year-27.2%-27.2%-10.3%-24.1%-5.7%-16.0%
5 Year-30.2%-30.2%36.5%8.1%16.4%-3.4%

Price Volatility Vs. Market

How volatile is Guangdong Land Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Guangdong Land Holdings undervalued compared to its fair value and its price relative to the market?

0.96x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 124's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 124's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 124 is good value based on its PE Ratio (1x) compared to the HK Real Estate industry average (8.8x).

PE vs Market: 124 is good value based on its PE Ratio (1x) compared to the Hong Kong market (11.1x).


Price to Earnings Growth Ratio

PEG Ratio: 124's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 124 is good value based on its PB Ratio (0.3x) compared to the HK Real Estate industry average (0.4x).


Next Steps

Future Growth

How is Guangdong Land Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-3.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 124's earnings are forecast to decline over the next 3 years (-3.4% per year).

Earnings vs Market: 124's earnings are forecast to decline over the next 3 years (-3.4% per year).

High Growth Earnings: 124's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 124's revenue (8.1% per year) is forecast to grow slower than the Hong Kong market (13.3% per year).

High Growth Revenue: 124's revenue (8.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 124's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

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

59.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 124 has a high level of non-cash earnings.

Growing Profit Margin: 124's current net profit margins (64.6%) are higher than last year (16.6%).


Past Earnings Growth Analysis

Earnings Trend: 124's earnings have grown significantly by 59.5% per year over the past 5 years.

Accelerating Growth: 124's earnings growth over the past year (1542.3%) exceeds its 5-year average (59.5% per year).

Earnings vs Industry: 124 earnings growth over the past year (1542.3%) exceeded the Real Estate industry -6.8%.


Return on Equity

High ROE: 124's Return on Equity (32.6%) is considered high.


Next Steps

Financial Health

How is Guangdong Land Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 124's short term assets (HK$9.5B) exceed its short term liabilities (HK$2.8B).

Long Term Liabilities: 124's short term assets (HK$9.5B) exceed its long term liabilities (HK$5.4B).


Debt to Equity History and Analysis

Debt Level: 124's debt to equity ratio (69%) is considered high.

Reducing Debt: 124's debt to equity ratio has increased from 5.5% to 69% over the past 5 years.

Debt Coverage: 124's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 124's interest payments on its debt are well covered by EBIT (20.8x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 124's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 124'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 124's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 124's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 124 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 124's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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

0.8yrs

Average management tenure


CEO

Y.G Li (48 yo)

0.67

Tenure

Mr. Li Yonggang, also known as Y.G. has been Executive Director and Managing Director of Guangdong Land Holdings Limited since February 20, 2020. Mr. Li graduated from Hydraulic Architecture specialty of W ...


Leadership Team

NamePositionTenureCompensationOwnership
Mingchang Wu
Executive Director4.58yrsno datano data
Guang Zhu
Executive Director1yrno datano data
Yeqin Xu
Executive Chairman of the Board0.67yrno datano data
Yonggang Li
MD & Executive Director0.67yrno datano data
Jun Zhang
CFO & Executive Director0.67yrno datano data
Lai Hung Mak
Company Secretary0.67yrno datano data

0.8yrs

Average Tenure

49yo

Average Age

Experienced Management: 124's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Mingchang Wu
Executive Director4.58yrsno datano data
Guang Zhu
Executive Director1yrno datano data
Yeqin Xu
Executive Chairman of the Board0.67yrno datano data
Yonggang Li
MD & Executive Director0.67yrno datano data
Jun Zhang
CFO & Executive Director0.67yrno datano data
Kwan Ho Lee
Independent Non-Executive Director11.58yrsHK$560.00k0.058%
HK$ 1.2m
Alan Howard Smith
Independent Non-Executive Director21.75yrsHK$520.00k0.019%
HK$ 364.9k
Wo Fong
Independent Non-Executive Director13.75yrsHK$560.00kno data

2.8yrs

Average Tenure

55yo

Average Age

Experienced Board: 124's board of directors are not considered experienced ( 2.8 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

Guangdong Land Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Guangdong Land Holdings Limited
  • Ticker: 124
  • Exchange: SEHK
  • Founded:
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: HK$1.968b
  • Shares outstanding: 1.71b
  • Website: https://www.gdland.com.hk

Number of Employees


Location

  • Guangdong Land Holdings Limited
  • Guangdong Investment Tower
  • 18th Floor
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
124SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDAug 1997
GUWDB (Deutsche Boerse AG)YesOrdinary SharesDEEURAug 1997

Biography

Guangdong Land Holdings Limited, an investment holding company, engages in property development and investment primarily in Mainland China. The company was formerly known as Kingway Brewery Holdings Limite ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 12:53
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.