SEHK:1329

Stock Analysis Report

Beijing Capital Grand

Executive Summary

Beijing Capital Grand Limited, an investment holding company, engages in the development of commercial properties in the People's Republic of China.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Beijing Capital Grand's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1329's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

1329

-4.9%

HK Real Estate

-3.2%

HK Market


1 Year Return

-27.3%

1329

-9.7%

HK Real Estate

-10.2%

HK Market

Return vs Industry: 1329 underperformed the Hong Kong Real Estate industry which returned -9% over the past year.

Return vs Market: 1329 underperformed the Hong Kong Market which returned -7.6% over the past year.


Shareholder returns

1329IndustryMarket
7 Day0%-4.9%-3.2%
30 Day0%-3.0%-3.3%
90 Day5.3%-1.4%0.2%
1 Year-27.3%-27.3%-5.7%-9.7%-6.9%-10.2%
3 Year-52.4%-52.4%36.7%22.0%11.7%0.4%
5 Year-60.7%-60.7%58.2%31.6%11.1%-7.3%

Price Volatility Vs. Market

How volatile is Beijing Capital Grand's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Beijing Capital Grand undervalued compared to its fair value and its price relative to the market?

0.5x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1329's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1329's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1329 is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.

PE vs Market: 1329 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 1329's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1329 is overvalued based on its PB Ratio (0.5x) compared to the HK Real Estate industry average (0.5x).


Next Steps

Future Growth

How is Beijing Capital Grand forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.4%

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 Beijing Capital Grand 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.


Next Steps

Past Performance

How has Beijing Capital Grand performed over the past 5 years?

-30.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1329 is currently unprofitable.

Growing Profit Margin: 1329 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1329 is unprofitable, and losses have increased over the past 5 years at a rate of -30.4% per year.

Accelerating Growth: Unable to compare 1329's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1329 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-8%).


Return on Equity

High ROE: 1329 has a negative Return on Equity (-3.39%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Beijing Capital Grand's financial position?


Financial Position Analysis

Short Term Liabilities: 1329's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥3.0B).

Long Term Liabilities: 1329's short term assets (CN¥4.5B) do not cover its long term liabilities (CN¥8.4B).


Debt to Equity History and Analysis

Debt Level: 1329's debt to equity ratio (153.3%) is considered high.

Reducing Debt: 1329's debt to equity ratio has increased from 36.2% to 153.3% over the past 5 years.


Balance Sheet

Inventory Level: 1329 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 1329's debt is not covered by short term assets (assets are 0.5x debt).


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: 1329 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: 1329 has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is Beijing Capital Grand's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%6.4%industryaverage4.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 1329's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1329's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1329's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1329'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 1329'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?

2.3yrs

Average management tenure


CEO

Yujian Feng (45yo)

3.1yrs

Tenure

CN¥4,036,000

Compensation

Mr. Feng Yujian has been Chief Executive Officer and Executive Director at Beijing Capital Juda Limited since January 24, 2017. Mr. Feng served as Vice President of Beijing Capital Juda Limited since March ...


CEO Compensation Analysis

Compensation vs Market: Yujian's total compensation ($USD574.22K) is above average for companies of similar size in the Hong Kong market ($USD336.62K).

Compensation vs Earnings: Yujian's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Yujian Feng
CEO & Executive Director3.1yrsCN¥4.04mno data
Beichen Zhong
Chairman of the Board3.1yrsCN¥2.33mno data
Chi Chao
Chief Finance Officer2.3yrsno datano data
Wang Xia
Secretary to the Board1.3yrsno datano data
Sisi Peng
Company Secretary0.5yrsno datano data

2.3yrs

Average Tenure

44yo

Average Age

Experienced Management: 1329's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yujian Feng
CEO & Executive Director3.1yrsCN¥4.04mno data
Beichen Zhong
Chairman of the Board3.1yrsCN¥2.33mno data
Wai Fung Ngai
Independent Non-Executive Director6.2yrsCN¥258.00kno data
Xiaofeng He
Independent Non-Executive Director6.2yrsCN¥163.00kno data
Yuhong Zhao
Independent Non-Executive Director6.2yrsCN¥258.00kno data
Qin Yi
Non-Executive Director1.2yrsno datano data
Honghui Wang
Non Executive Director3.2yrsno datano data
Chunyao Yang
Non-Executive Director2yrsno datano data
Hao Wang
Non-Executive Director1.8yrsno datano data

3.1yrs

Average Tenure

45yo

Average Age

Experienced Board: 1329's board of directors are considered experienced (3.1 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

Beijing Capital Grand Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Beijing Capital Grand Limited
  • Ticker: 1329
  • Exchange: SEHK
  • Founded:
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: HK$3.057b
  • Shares outstanding: 2.55b
  • Website: https://www.bcgrand.com

Number of Employees


Location

  • Beijing Capital Grand Limited
  • Building 18
  • No. 6 Langjiayuan Tonghuihe North Road
  • Beijing
  • 100022
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1329SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDApr 2012

Biography

Beijing Capital Grand Limited, an investment holding company, engages in the development of commercial properties in the People's Republic of China. The company primarily focuses on the development, operation, and management of outlets-backed commercial integrated and non-outlets retail property projects. It develops residential/commercial/office buildings; and invests in properties. The company was formerly known as Beijing Capital Juda Limited and changed its name to Beijing Capital Grand Limited in June 2017. The company is headquartered in Beijing, China. Beijing Capital Grand Limited is a subsidiary of BECL Investment Holding Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 13:04
End of Day Share Price2020/02/24 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.