KWG Group Holdings
Market Cap
HK$34.0b
Last Updated
2021/01/15 10:22 UTC
Data Sources
Company Financials +
Executive Summary
KWG Group Holdings Limited, an investment holding company, engages in the investment, development, management, and sale of real estate properties. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued established dividend payer.
Similar Companies
Share Price & News
How has KWG Group Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1813 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 1813's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-1.1%
1813
1.7%
HK Real Estate
3.0%
HK Market
1 Year Return
-9.7%
1813
-18.4%
HK Real Estate
7.5%
HK Market
Return vs Industry: 1813 exceeded the Hong Kong Real Estate industry which returned -18.4% over the past year.
Return vs Market: 1813 underperformed the Hong Kong Market which returned 7.5% over the past year.
Shareholder returns
| 1813 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.1% | 1.7% | 3.0% |
| 30 Day | 4.9% | 3.5% | 9.9% |
| 90 Day | 1.9% | 0.4% | 15.5% |
| 1 Year | -3.2%-9.7% | -14.0%-18.4% | 11.8%7.5% |
| 3 Year | 9.5%-15.7% | -13.1%-24.2% | -3.2%-13.4% |
| 5 Year | 252.0%126.0% | 69.1%33.9% | 69.4%40.7% |
Long-Term Price Volatility Vs. Market
How volatile is KWG Group Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
KWG Group Holdings (HKG:1813) Has Gifted Shareholders With A Fantastic 213% Total Return On Their Investment2 months ago | Simply Wall St
The Chairman of the Board of KWG Group Holdings Limited (HKG:1813), Jianmin Kong, Just Bought A Few More SharesValuation
Is KWG Group Holdings undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1813 (HK$10.62) is trading below our estimate of fair value (HK$120.36)
Significantly Below Fair Value: 1813 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1813 is good value based on its PE Ratio (3.8x) compared to the HK Real Estate industry average (8.1x).
PE vs Market: 1813 is good value based on its PE Ratio (3.8x) compared to the Hong Kong market (11.5x).
Price to Earnings Growth Ratio
PEG Ratio: 1813 is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: 1813 is overvalued based on its PB Ratio (0.7x) compared to the HK Real Estate industry average (0.4x).
Next Steps
Future Growth
How is KWG Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
15.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1813's forecast earnings growth (15.2% per year) is above the savings rate (1.5%).
Earnings vs Market: 1813's earnings (15.2% per year) are forecast to grow slower than the Hong Kong market (20.9% per year).
High Growth Earnings: 1813's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1813's revenue (21% per year) is forecast to grow faster than the Hong Kong market (14% per year).
High Growth Revenue: 1813's revenue (21% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1813's Return on Equity is forecast to be low in 3 years time (18.2%).
Next Steps
Past Performance
How has KWG Group Holdings performed over the past 5 years?
23.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1813 has high quality earnings.
Growing Profit Margin: 1813's current net profit margins (26.5%) are lower than last year (53.3%).
Past Earnings Growth Analysis
Earnings Trend: 1813's earnings have grown significantly by 23.4% per year over the past 5 years.
Accelerating Growth: 1813's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1813 had negative earnings growth (-6.1%) over the past year, making it difficult to compare to the Real Estate industry average (5.9%).
Return on Equity
High ROE: 1813's Return on Equity (16.7%) is considered low.
Next Steps
Financial Health
How is KWG Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1813's short term assets (CN¥127.3B) exceed its short term liabilities (CN¥120.0B).
Long Term Liabilities: 1813's short term assets (CN¥127.3B) exceed its long term liabilities (CN¥52.5B).
Debt to Equity History and Analysis
Debt Level: 1813's debt to equity ratio (179.1%) is considered high.
Reducing Debt: 1813's debt to equity ratio has increased from 123.7% to 179.1% over the past 5 years.
Debt Coverage: 1813's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1813's interest payments on its debt are well covered by EBIT (42.5x coverage).
Balance Sheet
Next Steps
Dividend
What is KWG Group Holdings's current dividend yield, its reliability and sustainability?
9.47%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1813's dividend (9.47%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.11%).
High Dividend: 1813's dividend (9.47%) is in the top 25% of dividend payers in the Hong Kong market (6.67%)
Stability and Growth of Payments
Stable Dividend: 1813's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1813's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.4%), 1813's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1813's dividends in 3 years are forecast to be well covered by earnings (42.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
Jiantao Kong (49 yo)
no data
Tenure
CN¥4,951,000
Compensation
Mr. Jiantao Kong is an Executive Director and the Chief Executive Officer of KWG Group Holdings Limited (formerly known as KWG Property Holdings Ltd). Mr. Kong have been a Director of KWG Group Holdings Li...
CEO Compensation Analysis
Compensation vs Market: Jiantao's total compensation ($USD764.70K) is about average for companies of similar size in the Hong Kong market ($USD687.05K).
Compensation vs Earnings: Jiantao's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | no data | CN¥4.90m | 9.31% CN¥ 3.2b | |
| CEO & Director | no data | CN¥4.95m | 0.066% CN¥ 22.4m | |
| Executive VP & Director | no data | CN¥5.04m | 4.54% CN¥ 1.5b | |
| CEO of Real Estate Business & Executive Director | 2.33yrs | CN¥2.85m | 0.0082% CN¥ 2.8m | |
| Vice President of Finance Department & Treasury | 1.42yrs | no data | no data | |
| Vice President of Finance & Treasury Department | 1.42yrs | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| General Manager of Sales Management Centre | 5.92yrs | no data | no data | |
| General Manager of Northern China District & Suzhou Real Estate Sector | no data | no data | no data | |
| General Manager of Construction Sector | 1.58yrs | no data | no data | |
| Company Secretary & Deputy Finance Director | 1.42yrs | no data | no data |
1.4yrs
Average Tenure
49.5yo
Average Age
Experienced Management: 1813's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | no data | CN¥4.90m | 9.31% CN¥ 3.2b | |
| CEO & Director | no data | CN¥4.95m | 0.066% CN¥ 22.4m | |
| Executive VP & Director | no data | CN¥5.04m | 4.54% CN¥ 1.5b | |
| CEO of Real Estate Business & Executive Director | 2.33yrs | CN¥2.85m | 0.0082% CN¥ 2.8m | |
| Independent Non-Executive Director | 13.58yrs | CN¥466.00k | 0.00094% CN¥ 320.0k | |
| Independent Non-Executive Director | 13.58yrs | CN¥466.00k | 0.00094% CN¥ 320.0k | |
| Independent Non-Executive Director | 8.5yrs | CN¥466.00k | no data |
13.6yrs
Average Tenure
54yo
Average Age
Experienced Board: 1813's board of directors are seasoned and experienced ( 13.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 1813 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
KWG Group Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: KWG Group Holdings Limited
- Ticker: 1813
- Exchange: SEHK
- Founded: 1995
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$34.048b
- Shares outstanding: 3.18b
- Website: https://www.kwggroupholdings.com
Number of Employees
Location
- KWG Group Holdings Limited
- International Finance Place
- No. 8 Huaxia Road
- Guangzhou
- Guangdong Province
- 510623
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1813 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jul 2007 |
| KOU | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 2007 |
| KWGP.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jul 2007 |
| 1813 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Jul 2007 |
| 1813 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Jul 2007 |
Biography
KWG Group Holdings Limited, an investment holding company, engages in the investment, development, management, and sale of real estate properties. It operates through four segments: Property Development, P...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/15 10:22 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.