China South City Holdings
Market Cap
HK$8.4b
Last Updated
2019/08/20 12:49 UTC
Data Sources
Company Financials +
Executive Summary
China South City Holdings Limited, together with its subsidiaries, develops and operates integrated logistics and trade centers in the People’s Republic of China.
Snowflake
Fundamentals
Very undervalued with high growth potential.
Risks
- China South City Holdings is covered by less than 3 analysts.
Share Price & News
How has China South City Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
8.4%
SEHK:1668
4.2%
HK Real Estate
1.2%
HK Market
1 Year Return
-28.0%
SEHK:1668
-5.8%
HK Real Estate
-9.5%
HK Market
1668 underperformed the Real Estate industry which returned -5.8% over the past year.
1668 underperformed the Market in Hong Kong which returned -9.5% over the past year.
Share holder returns
| 1668 | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.4% | 4.2% | 1.2% |
| 30 Day | -8.9% | -10.5% | -8.0% |
| 90 Day | -5.5% | -7.3% | -5.9% |
| 1 Year | -25.4%-28.0% | -1.8%-5.8% | -6.2%-9.5% |
| 3 Year | -34.5%-40.5% | 35.8%21.8% | 14.5%3.1% |
| 5 Year | -67.6%-72.5% | 47.1%22.0% | 8.5%-9.5% |
Price Volatility Vs. Market
How volatile is China South City Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
17 hours ago | Simply Wall St
Should You Take Comfort From Insider Transactions At China South City Holdings Limited (HKG:1668)?1 week ago | Simply Wall St
What Kind Of Shareholder Appears On The China South City Holdings Limited's (HKG:1668) Shareholder Register?1 month ago | Simply Wall St
China South City Holdings (HKG:1668) Takes On Some Risk With Its Use Of DebtValuation
Is China South City Holdings undervalued based on future cash flows and its price relative to the stock market?
>50%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
China South City Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
China South City Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
China South City Holdings is good value based on earnings compared to the HK Real Estate industry average.
China South City Holdings is good value based on earnings compared to the Hong Kong market.
Price Based on Expected Growth
China South City Holdings is good value based on expected growth next year.
Price Based on Value of Assets
China South City Holdings is good value based on assets compared to the HK Real Estate industry average.
Next Steps
Future Growth
How is China South City Holdings expected to perform in the next 1 to 3 years based on estimates from 2 analysts?
38.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
China South City Holdings's revenue is expected to grow significantly at over 20% yearly.
China South City Holdings's earnings are expected to grow significantly at over 20% yearly.
China South City Holdings's revenue growth is expected to exceed the Hong Kong market average.
China South City Holdings's earnings growth is expected to exceed the Hong Kong market average.
China South City Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Earnings per Share Growth Estimates
Future Return on Equity
China South City Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has China South City Holdings performed over the past 5 years?
3.7%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
China South City Holdings's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
China South City Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
China South City Holdings's 1-year earnings growth is negative, it can't be compared to the HK Real Estate industry average.
Return on Equity
China South City Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
China South City Holdings used its assets more efficiently than the HK Real Estate industry average last year based on Return on Assets.
Return on Capital Employed
China South City Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is China South City Holdings's financial position?
Financial Position Analysis
China South City Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
China South City Holdings's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
China South City Holdings's level of debt (94.8%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (87% vs 94.8% today).
Debt is well covered by operating cash flow (20.9%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 5.5x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.6x debt.
Next Steps
Dividend
What is China South City Holdings's current dividend yield, its reliability and sustainability?
7.08%
Expected Dividend Yield
Upcoming Dividend Payment
Purchase China South City Holdings before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield and Payments Analysis
China South City Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.27%).
China South City Holdings's dividend is below the markets top 25% of dividend payers in Hong Kong (6.19%).
China South City Holdings has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
Dividend payments have increased, but China South City Holdings only paid a dividend in the past 9 years.
Current Payout to Shareholders
Dividends paid are thoroughly covered by earnings (8.1x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (3.9x coverage).
Next Steps
Management
What is the CEO of China South City Holdings's salary, the management and board of directors tenure and is there insider trading?
0.5yrs
Average management tenure
CEO
Lidong Zhao (49yo)
0.5yrs
Tenure
HK$1,270,000
Compensation
Mr. Lidong Zhao has been Chief Executive Officer and Executive Director at China South City Holdings Limited since February 01, 2019. Mr. Zhao serves as Vice President of Wuzhou Int'l Group Investment at W ...
CEO Compensation Analysis
Lidong's remuneration is lower than average for companies of similar size in Hong Kong.
Insufficient data for Lidong to compare compensation growth.
Management Age and Tenure
0.5yrs
Average Tenure
52.5yo
Average Age
The average tenure for the China South City Holdings management team is less than 2 years, this suggests a new team.
Board Age and Tenure
7.4yrs
Average Tenure
61yo
Average Age
The tenure for the China South City Holdings board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Individual |
| Role | Chairman of the Board Chairman of the Board |
| Shares | 74,404,960 |
| Max Price | HK$1.50 |
Ownership Breakdown
Management Team
Ricky Cheng (58yo)
Chairman of the Board
- Tenure: 2.1yrs
- Compensation: HK$23.71m
Stephen Fung (54yo)
Vice Chairman
- Tenure: 2.3yrs
- Compensation: HK$24.09m
Kai Cheung Ma (77yo)
Co-Founder & Non-Executive Director
- Tenure: 17.0yrs
- Compensation: HK$680.00k
Cliff Sun (65yo)
Co-Founder & Honourable Adviser
- Tenure: 0.0yrs
- Compensation: HK$216.00k
Wai Mo Ma (74yo)
Co-Founder & Honourable Adviser
- Tenure: 0.0yrs
- Compensation: HK$216.00k
Lidong Zhao (49yo)
CEO & Executive Director
- Tenure: 0.5yrs
- Compensation: HK$1.27m
Carman Cheng (30yo)
Executive Director
- Tenure: 2.3yrs
- Compensation: HK$5.09m
Chun Yip Hui (39yo)
Chief Financial Officer
- Tenure: 1.3yrs
Weiguo Chen (51yo)
Executive Vice President of Business Management Division
- Tenure: 0.0yrs
Wen Qiu (46yo)
Executive Vice President of Investment Development Division
- Tenure: 0.2yrs
Board Members
Wai Keung Li (62yo)
Independent Non-Executive Director
- Tenure: 9.9yrs
- Compensation: HK$1.32m
Ricky Cheng (58yo)
Chairman of the Board
- Tenure: 2.1yrs
- Compensation: HK$23.71m
Tai Po Cheng (67yo)
Non-Executive Director
- Tenure: 9.3yrs
- Compensation: HK$680.00k
Samuel Yung (60yo)
Independent Non-Executive Director
- Tenure: 6.4yrs
- Compensation: HK$1.32m
Stephen Fung (54yo)
Vice Chairman
- Tenure: 2.3yrs
- Compensation: HK$24.09m
Stephen Hui (72yo)
Independent Non Executive Director
- Tenure: 8.3yrs
- Compensation: HK$1.32m
Kai Cheung Ma (77yo)
Co-Founder & Non-Executive Director
- Tenure: 17.0yrs
- Compensation: HK$680.00k
Andrew Leung (68yo)
Independent Non-Executive Director
- Tenure: 9.9yrs
- Compensation: HK$1.32m
Lidong Zhao (49yo)
CEO & Executive Director
- Tenure: 0.5yrs
- Compensation: HK$1.27m
Carman Cheng (30yo)
Executive Director
- Tenure: 2.3yrs
- Compensation: HK$5.09m
Company Information
China South City Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: China South City Holdings Limited
- Ticker: 1668
- Exchange: SEHK
- Founded: 2002
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$8.432b
- Shares outstanding: 8.11b
- Website: https://www.chinasouthcity.com
Number of Employees
Location
- China South City Holdings Limited
- Sun Life Tower
- Room 2205, 22nd Floor
- Tsim Sha Tsui
- Kowloon
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1668 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Sep 2009 |
| 1668 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Sep 2009 |
| 1668 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Sep 2009 |
Biography
China South City Holdings Limited, together with its subsidiaries, develops and operates integrated logistics and trade centers in the People’s Republic of China. The company operates a trading platform of ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/20 12:49 |
| End of Day Share Price | 2019/08/20 00:00 |
| Earnings | 2019/03/31 |
| Annual Earnings | 2019/03/31 |
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.