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2048

E-House (China) Enterprise HoldingsSEHK:2048 Stock Report

Last Price

HK$2.03

Market Cap

HK$3.6b

7D

12.2%

1Y

-71.9%

Updated

20 Jan, 2022

Data

Company Financials +
2048 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends2/6

2048 Stock Overview

E-House (China) Enterprise Holdings Limited, an investment holding company, provides real estate transaction services in People’s Republic of China and Vietnam.

Price History & Performance

Summary of all time highs, changes and price drops for E-House (China) Enterprise Holdings
Historical stock prices
Current Share PriceHK$2.03
52 Week HighHK$9.69
52 Week LowHK$1.12
Beta0.26
1 Month Change1.00%
3 Month Change16.00%
1 Year Change-71.92%
3 Year Change-83.44%
5 Year Changen/a
Change since IPO-85.68%

Recent News & Updates

Sep 03
Is E-House (China) Enterprise Holdings (HKG:2048) Using Too Much Debt?

Is E-House (China) Enterprise Holdings (HKG:2048) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

2048HK Real EstateHK Market
7D12.2%0.6%-0.2%
1Y-71.9%-25.4%-16.2%

Return vs Industry: 2048 underperformed the Hong Kong Real Estate industry which returned -25.4% over the past year.

Return vs Market: 2048 underperformed the Hong Kong Market which returned -16.2% over the past year.

Price Volatility

Is 2048's price volatile compared to industry and market?
2048 volatility
2048 Average Weekly Movement21.8%
Real Estate Industry Average Movement5.6%
Market Average Movement6.7%
10% most volatile stocks in HK Market13.2%
10% least volatile stocks in HK Market3.0%

Stable Share Price: 2048 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 22% a week.

Volatility Over Time: 2048's weekly volatility has increased from 15% to 22% over the past year.

About the Company

FoundedEmployeesCEOWebsite
200018,500Zu Yu Dinghttps://www.ehousechina.com

E-House (China) Enterprise Holdings Limited, an investment holding company, provides real estate transaction services in People’s Republic of China and Vietnam. It offers real estate agency, real estate data and consulting, and real estate brokerage network services to real estate developers, brokerage firms, banks, investors, and government. The company also provides technology and information development and consulting services, and real estate marketing services.

E-House (China) Enterprise Holdings Fundamentals Summary

How do E-House (China) Enterprise Holdings's earnings and revenue compare to its market cap?
2048 fundamental statistics
Market CapCN¥2.89b
Earnings (TTM)-CN¥1.15b
Revenue (TTM)CN¥11.45b

0.3x

P/S Ratio

-2.5x

P/E Ratio


Dividends

3.2%

Current Dividend Yield

-7%

Payout Ratio

Valuation

Is E-House (China) Enterprise 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: 2048 (HK$2.03) is trading below our estimate of fair value (HK$11.16)

Significantly Below Fair Value: 2048 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2048 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Real Estate industry average.

PE vs Market: 2048 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 2048's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2048's PB Ratio (0.3x) is in line with the HK Real Estate industry average.


Future Growth

How is E-House (China) Enterprise Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

99.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2048 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).

Earnings vs Market: 2048 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 2048's is expected to become profitable in the next 3 years.

Revenue vs Market: 2048's revenue (15.6% per year) is forecast to grow faster than the Hong Kong market (11.6% per year).

High Growth Revenue: 2048's revenue (15.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 2048's Return on Equity is forecast to be low in 3 years time (5.1%).


Past Performance

How has E-House (China) Enterprise Holdings performed over the past 5 years?

-34.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2048 is currently unprofitable.

Growing Profit Margin: 2048 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 2048 is unprofitable, and losses have increased over the past 5 years at a rate of 34.2% per year.

Accelerating Growth: Unable to compare 2048's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2048 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (21.7%).


Return on Equity

High ROE: 2048 has a negative Return on Equity (-12.57%), as it is currently unprofitable.


Financial Health

How is E-House (China) Enterprise Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 2048's short term assets (CN¥18.6B) exceed its short term liabilities (CN¥11.0B).

Long Term Liabilities: 2048's short term assets (CN¥18.6B) exceed its long term liabilities (CN¥3.8B).


Debt to Equity History and Analysis

Debt Level: 2048 has more cash than its total debt.

Reducing Debt: 2048's debt to equity ratio has increased from 35.5% to 75.1% over the past 5 years.

Debt Coverage: 2048's debt is not well covered by operating cash flow (4.3%).

Interest Coverage: Insufficient data to determine if 2048's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is E-House (China) Enterprise Holdings's current dividend yield, its reliability and sustainability?

3.16%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2048's dividend (3.16%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.32%).

High Dividend: 2048's dividend (3.16%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.03%).


Stability and Growth of Payments

Stable Dividend: 2048 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 2048 has only been paying a dividend for 3 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: 2048 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: 2048's dividends in 3 years are forecast to be thoroughly covered by earnings (14.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Zu Yu Ding (48 yo)

no data

Tenure

CN¥9,749,000

Compensation

Dr. Zu Yu Ding has been Co-President for E-House (China) Holdings Limited since April 2012. Dr. Ding serves as Chief Executive Officer at E-House (China) Enterprise Holdings Limited and has been its Execut...


CEO Compensation Analysis

Compensation vs Market: Zu Yu's total compensation ($USD1.54M) is above average for companies of similar size in the Hong Kong market ($USD370.38K).

Compensation vs Earnings: Zu Yu's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 2048's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: 2048's board of directors are considered experienced (3.5 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

E-House (China) Enterprise Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: E-House (China) Enterprise Holdings Limited
  • Ticker: 2048
  • Exchange: SEHK
  • Founded: 2000
  • Industry: Real Estate Services
  • Sector: Real Estate
  • Implied Market Cap: HK$3.551b
  • Shares outstanding: 1.75b
  • Website: https://www.ehousechina.com

Number of Employees


Location

  • E-House (China) Enterprise Holdings Limited
  • Qiushi Building
  • 11th Floor
  • Shanghai
  • 200072
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 16:15
End of Day Share Price2022/01/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.