Yincheng Life Service CO., Ltd., an investment holding company, provides property management services in the Mainland China. More Details
Exceptional growth potential with solid track record.
Share Price & News
How has Yincheng Life Service's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1922 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 1922's weekly volatility (10%) has been stable over the past year.
7 Day Return
HK Real Estate
1 Year Return
HK Real Estate
Return vs Industry: 1922 exceeded the Hong Kong Real Estate industry which returned 7.9% over the past year.
Return vs Market: 1922 exceeded the Hong Kong Market which returned 27.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Yincheng Life Service's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Yincheng Life Service CO., Ltd. (HKG:1922) Popular Amongst Insiders?
3 weeks ago | Simply Wall StDoes Yincheng Life Service (HKG:1922) Have A Healthy Balance Sheet?
1 month ago | Simply Wall StIf You Like EPS Growth Then Check Out Yincheng Life Service (HKG:1922) Before It's Too Late
Is Yincheng Life Service 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: 1922 (HK$4.82) is trading below our estimate of fair value (HK$5.37)
Significantly Below Fair Value: 1922 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 1922 is poor value based on its PE Ratio (15.9x) compared to the HK Real Estate industry average (7.4x).
PE vs Market: 1922 is poor value based on its PE Ratio (15.9x) compared to the Hong Kong market (11.7x).
Price to Earnings Growth Ratio
PEG Ratio: 1922 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: 1922 is overvalued based on its PB Ratio (6.2x) compared to the HK Real Estate industry average (0.5x).
How is Yincheng Life Service forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1922's forecast earnings growth (33% per year) is above the savings rate (1.5%).
Earnings vs Market: 1922's earnings (33% per year) are forecast to grow faster than the Hong Kong market (17.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1922's revenue (21.1% per year) is forecast to grow faster than the Hong Kong market (12.6% per year).
High Growth Revenue: 1922's revenue (21.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1922's Return on Equity is forecast to be high in 3 years time (39.2%)
How has Yincheng Life Service performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1922 has high quality earnings.
Growing Profit Margin: 1922's current net profit margins (7%) are higher than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: 1922's earnings have grown significantly by 26.1% per year over the past 5 years.
Accelerating Growth: 1922's earnings growth over the past year (102.5%) exceeds its 5-year average (26.1% per year).
Earnings vs Industry: 1922 earnings growth over the past year (102.5%) exceeded the Real Estate industry 5.9%.
Return on Equity
High ROE: Whilst 1922's Return on Equity (35.9%) is high, this metric is skewed due to their high level of debt.
How is Yincheng Life Service's financial position?
Financial Position Analysis
Short Term Liabilities: 1922's short term assets (CN¥861.9M) exceed its short term liabilities (CN¥761.0M).
Long Term Liabilities: 1922's short term assets (CN¥861.9M) exceed its long term liabilities (CN¥24.5M).
Debt to Equity History and Analysis
Debt Level: 1922's debt to equity ratio (143.2%) is considered high.
Reducing Debt: Insufficient data to determine if 1922's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1922's debt is well covered by operating cash flow (24.3%).
Interest Coverage: 1922's interest payments on its debt are well covered by EBIT (15.5x coverage).
What is Yincheng Life Service current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 1922's dividend (1.9%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (1.94%).
High Dividend: 1922's dividend (1.9%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.01%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 1922's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 1922's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.2%), 1922's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1922's dividends in 3 years are forecast to be well covered by earnings (29.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Chunling Li (42 yo)
Mr. Chunling Li serves as the President of Yincheng Life Service CO., Ltd. and has been its Executive Director since June 18, 2019. Mr. Li is primarily responsible for the overall strategic decision, busin...
CEO Compensation Analysis
Compensation vs Market: Chunling's total compensation ($USD194.03K) is below average for companies of similar size in the Hong Kong market ($USD292.01K).
Compensation vs Earnings: Chunling's compensation has been consistent with company performance over the past year.
Experienced Board: 1922's board of directors are not considered experienced ( 1.9 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: 1922 insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Yincheng Life Service CO., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Yincheng Life Service CO., Ltd.
- Ticker: 1922
- Exchange: SEHK
- Founded: 1997
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: HK$1.264b
- Shares outstanding: 267.15m
- Website: https://www.yinchenglife.hk
Number of Employees
- Yincheng Life Service CO., Ltd.
- Block A Yincheng Plaza
- 19th Floor
- Jiangsu Province
Yincheng Life Service CO., Ltd., an investment holding company, provides property management services in the Mainland China. It offers range of property management services, including security, cleaning, c...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 10:13|
|End of Day Share Price||2021/05/07 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.