Yincheng Life Service CO., Ltd., an investment holding company, provides property management services in the People's Republic of China. More Details
Solid track record with high growth potential.
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 +/- 5% a week.
Volatility Over Time: 1922's weekly volatility has decreased from 11% to 5% 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 -8.1% over the past year.
Return vs Market: 1922 exceeded the Hong Kong Market which returned 7.6% 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 StShould We Be Delighted With Yincheng Life Service CO., Ltd.'s (HKG:1922) ROE Of 32%?
3 weeks ago | Simply Wall StNeed To Know: Yincheng Life Service CO., Ltd. (HKG:1922) Insiders Have Been Selling Shares
1 month ago | Simply Wall StCould The Yincheng Life Service CO., Ltd. (HKG:1922) Ownership Structure Tell Us Something Useful?
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$5.02) is trading below our estimate of fair value (HK$8.15)
Significantly Below Fair Value: 1922 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1922 is poor value based on its PE Ratio (19.9x) compared to the HK Real Estate industry average (8.4x).
PE vs Market: 1922 is poor value based on its PE Ratio (19.9x) compared to the Hong Kong market (11.2x).
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 (7.9x) compared to the HK Real Estate industry average (0.4x).
How is Yincheng Life Service 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: 1922's forecast earnings growth (39.7% per year) is above the savings rate (1.6%).
Earnings vs Market: 1922's earnings (39.7% per year) are forecast to grow faster than the Hong Kong market (21.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1922's revenue (27.2% per year) is forecast to grow faster than the Hong Kong market (13.7% per year).
High Growth Revenue: 1922's revenue (27.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 1922's Return on Equity is forecast to be high in 3 years time
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 (6.4%) are higher than last year (5.2%).
Past Earnings Growth Analysis
Earnings Trend: 1922's earnings have grown significantly by 22.3% per year over the past 5 years.
Accelerating Growth: 1922's earnings growth over the past year (72.7%) exceeds its 5-year average (22.3% per year).
Earnings vs Industry: 1922 earnings growth over the past year (72.7%) exceeded the Real Estate industry -0.6%.
Return on Equity
High ROE: Whilst 1922's Return on Equity (32.25%) 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¥669.2M) exceed its short term liabilities (CN¥595.0M).
Long Term Liabilities: 1922's short term assets (CN¥669.2M) exceed its long term liabilities (CN¥24.3M).
Debt to Equity History and Analysis
Debt Level: 1922's debt to equity ratio (135%) 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 (48.2%).
Interest Coverage: 1922's interest payments on its debt are well covered by EBIT (8x coverage).
What is Yincheng Life Service current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1922's dividend (0.83%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.23%).
High Dividend: 1922's dividend (0.83%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.58%).
Stability and Growth of Payments
Stable Dividend: 1922 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.
Growing Dividend: 1922 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: 1922 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 1922'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
Chunling Li (43 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 ($USD190.71K) is below average for companies of similar size in the Hong Kong market ($USD292.59K).
Compensation vs Earnings: Chunling's compensation has been consistent with company performance over the past year.
|President & Executive Director||no data||CN¥1.25m||2.08% |
|VP & Executive Director||1.42yrs||CN¥683.00k||0.50% |
|Non-Executive Director||1.42yrs||CN¥60.00k||5.03% |
|Independent Non-Executive Director||1.08yrs||CN¥17.00k||no data|
|Non-Executive Director||1.42yrs||CN¥45.00k||37.35% |
|Independent Non-Executive Director||1.08yrs||CN¥45.00k||no data|
|Non-Executive Director||1.42yrs||CN¥45.00k||2.52% |
|Chairman||no data||CN¥45.00k||5.43% |
|Independent Non-Executive Director||1.08yrs||CN¥17.00k||no data|
Experienced Board: 1922's board of directors are not considered experienced ( 1.4 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.
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$1.341b
- Shares outstanding: 267.15m
- Website: https://www.yinchenglife.hk
Number of Employees
- Yincheng Life Service CO., Ltd.
- 289 Jiangdong Avenue North
- 19th Floor
- Jiangsu Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1922||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Nov 2019|
Yincheng Life Service CO., Ltd., an investment holding company, provides property management services in the People's Republic of China. The company offers property management services, including security,...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 10:18|
|End of Day Share Price||2020/11/26 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.