ITC Properties Group Limited, an investment holding company, primarily engages in the property development and investment activities in the People’s Republic of China, Hong Kong, Canada, Macau, the United Kingdom, and internationally.
ITC Properties Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$1.02|
|52 Week High||HK$0.70|
|52 Week Low||HK$1.24|
|1 Month Change||-0.97%|
|3 Month Change||7.37%|
|1 Year Change||18.61%|
|3 Year Change||-55.26%|
|5 Year Change||-64.34%|
|Change since IPO||-99.65%|
Recent News & Updates
|199||HK Real Estate||HK Market|
Return vs Industry: 199 exceeded the Hong Kong Real Estate industry which returned -12.1% over the past year.
Return vs Market: 199 exceeded the Hong Kong Market which returned 5.7% over the past year.
Stable Share Price: 199 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 199's weekly volatility (4%) has been stable over the past year.
About the Company
|n/a||257||Chi Kit Cheung||https://www.itcproperties.com|
ITC Properties Group Limited, an investment holding company, primarily engages in the property development and investment activities in the People’s Republic of China, Hong Kong, Canada, Macau, the United Kingdom, and internationally. It operates through Property, Hotel and Leisure, Securities Investments, and Finance segments. The company is also involved in the investment, development, and operation of hotels and resorts; operation of restaurants; trading and investment of securities; and provision of loan financing, and management services.
ITC Properties Group Fundamentals Summary
|199 fundamental statistics|
Is 199 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|199 income statement (TTM)|
|Cost of Revenue||HK$190.01m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.69|
|Net Profit Margin||-290.24%|
How did 199 perform over the long term?See historical performance and comparison
Is ITC Properties Group undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 199's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 199's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 199 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Real Estate industry average.
PE vs Market: 199 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 199's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 199 is good value based on its PB Ratio (0.3x) compared to the HK Real Estate industry average (0.4x).
How is ITC Properties Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ITC Properties Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has ITC Properties Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 199 is currently unprofitable.
Growing Profit Margin: 199 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 199 is unprofitable, and losses have increased over the past 5 years at a rate of 75% per year.
Accelerating Growth: Unable to compare 199's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 199 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (23.4%).
Return on Equity
High ROE: 199 has a negative Return on Equity (-19.01%), as it is currently unprofitable.
How is ITC Properties Group's financial position?
Financial Position Analysis
Short Term Liabilities: 199's short term assets (HK$2.6B) do not cover its short term liabilities (HK$2.9B).
Long Term Liabilities: 199's short term assets (HK$2.6B) exceed its long term liabilities (HK$202.1M).
Debt to Equity History and Analysis
Debt Level: 199's debt to equity ratio (76.9%) is considered high.
Reducing Debt: 199's debt to equity ratio has increased from 22.6% to 76.9% over the past 5 years.
Debt Coverage: 199's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 199's interest payments on its debt are well covered by EBIT.
What is ITC Properties Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 199's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 199's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 199's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 199's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 199 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 199's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chi Kit Cheung (55 yo)
Mr. Cheung Chi Kit has been the Managing Director at ITC Properties Group Ltd since February 1, 2021 and served as its Chief Financial Officer since November 22, 2017 until February 1, 2021. Mr. Cheung ser...
CEO Compensation Analysis
Compensation vs Market: Chi Kit's total compensation ($USD314.57K) is above average for companies of similar size in the Hong Kong market ($USD228.44K).
Compensation vs Earnings: Chi Kit's compensation has been consistent with company performance over the past year.
Experienced Management: 199's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Experienced Board: 199's board of directors are seasoned and experienced ( 11.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 199 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.
ITC Properties Group Limited's employee growth, exchange listings and data sources
- Name: ITC Properties Group Limited
- Ticker: 199
- Exchange: SEHK
- Founded: NaN
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$979.379m
- Shares outstanding: 960.18m
- Website: https://www.itcproperties.com
Number of Employees
- ITC Properties Group Limited
- Bank of America Tower
- 30th Floor
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 10:05|
|End of Day Share Price||2021/10/18 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.