Yincheng International Holding Co., Ltd., an investment holding company, engages in the property development activities in Mainland China.
Exceptional growth potential with adequate balance sheet.
Share Price & News
How has Yincheng International Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1902 has not had significant price volatility in the past 3 months.
7 Day Return
HK Real Estate
1 Year Return
HK Real Estate
Return vs Industry: 1902 exceeded the Hong Kong Real Estate industry which returned -17.9% over the past year.
Return vs Market: 1902 exceeded the Hong Kong Market which returned -9.9% over the past year.
Price Volatility Vs. Market
How volatile is Yincheng International Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StIs Yincheng International Holding (HKG:1902) A Risky Investment?
1 month ago | Simply Wall StYincheng International Holding Co., Ltd. (HKG:1902) Has A ROE Of 8.9%
2 months ago | Simply Wall StWe're Not So Sure You Should Rely on Yincheng International Holding's (HKG:1902) Statutory Earnings
Is Yincheng International Holding undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1902 (HK$2.35) is trading below our estimate of fair value (HK$47.62)
Significantly Below Fair Value: 1902 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1902 is poor value based on its PE Ratio (19.7x) compared to the Real Estate industry average (6.2x).
PE vs Market: 1902 is poor value based on its PE Ratio (19.7x) compared to the Hong Kong market (9.3x).
Price to Earnings Growth Ratio
PEG Ratio: 1902 is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: 1902 is overvalued based on its PB Ratio (1.2x) compared to the HK Real Estate industry average (0.4x).
How is Yincheng International Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1902's forecast earnings growth (73.7% per year) is above the savings rate (1.6%).
Earnings vs Market: 1902's earnings (73.7% per year) are forecast to grow faster than the Hong Kong market (16.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1902's revenue (24.7% per year) is forecast to grow faster than the Hong Kong market (10.5% per year).
High Growth Revenue: 1902's revenue (24.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1902's Return on Equity is forecast to be high in 3 years time (31.5%)
How has Yincheng International Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1902 has high quality earnings.
Growing Profit Margin: 1902's current net profit margins (1.7%) are lower than last year (8.7%).
Past Earnings Growth Analysis
Earnings Trend: 1902's earnings have declined by -0.9% per year over the past 5 years.
Accelerating Growth: 1902's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1902 had negative earnings growth (-66%) over the past year, making it difficult to compare to the Real Estate industry average (2.8%).
Return on Equity
High ROE: 1902's Return on Equity (8.9%) is considered low.
How is Yincheng International Holding's financial position?
Financial Position Analysis
Short Term Liabilities: 1902's short term assets (CN¥30.5B) exceed its short term liabilities (CN¥24.1B).
Long Term Liabilities: 1902's short term assets (CN¥30.5B) exceed its long term liabilities (CN¥6.4B).
Debt to Equity History and Analysis
Debt Level: 1902's debt to equity ratio (260.8%) is considered high.
Reducing Debt: Insufficient data to determine if 1902's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1902's debt is well covered by operating cash flow (33.3%).
Interest Coverage: 1902's interest payments on its debt are well covered by EBIT (6.7x coverage).
What is Yincheng International Holding's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1902's dividend (0.98%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.59%).
High Dividend: 1902's dividend (0.98%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.38%).
Stability and Growth of Payments
Stable Dividend: 1902 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.
Growing Dividend: 1902 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 1902 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 1902's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Baohua Ma (57yo)
Mr. Ma Baohua is the President at Yincheng International Holding Co., Ltd. and has been its Executive Director since August 19, 2018. Mr. Ma serves as a Non-Executive Director at Yincheng Life Service Co., ...
CEO Compensation Analysis
Compensation vs Market: Baohua's total compensation ($USD163.38K) is below average for companies of similar size in the Hong Kong market ($USD422.19K).
Compensation vs Earnings: Baohua's compensation has been consistent with company performance over the past year.
|President & Executive Director||no data||CN¥1.17m||4.97% CN¥169.0m|
|VP & Executive Director||1.83yrs||CN¥1.18m||2.5% CN¥85.1m|
|VP & Executive Director||1.83yrs||CN¥1.20m||0.73% CN¥25.0m|
|VP & Executive Director||no data||CN¥1.29m||0.73% CN¥25.0m|
|Independent Non-Executive Director||1.33yrs||CN¥202.00k||no data|
|Independent Non-Executive Director||1.33yrs||CN¥225.00k||no data|
|Chairman of the Board||no data||CN¥2.12m||37.26% CN¥1.3b|
|Non-Executive Director||1.83yrs||CN¥1.06m||5.4% CN¥183.5m|
|Independent Non-Executive Director||1.33yrs||CN¥202.00k||no data|
Experienced Board: 1902's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Yincheng International Holding Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Yincheng International Holding Co., Ltd.
- Ticker: 1902
- Exchange: SEHK
- Founded: 1993
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$3.400b
- Shares outstanding: 1.45b
- Website: https://www.yincheng.hk
Number of Employees
- Yincheng International Holding Co., Ltd.
- Yincheng Plaza
- Part of 19-21 Floors
- Jiangsu Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1902||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Mar 2019|
Yincheng International Holding Co., Ltd., an investment holding company, engages in the property development activities in Mainland China. It develops and sells residential properties, including high-rise and multi-story apartments, and low-density houses, as well as commercial properties; provides property management services; operates hotels; and leasing of investment properties. The company also engages in medical management and consulting activities. Yincheng International Holding Co., Ltd. was founded in 1993 and is headquartered in Nanjing, the People’s Republic of China.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/01 14:25|
|End of Day Share Price||2020/06/01 00:00|
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.