Chinney Investments, Limited, an investment holding company, primarily engages in the property development and investment activities in Hong Kong and Mainland China.
Average dividend payer and fair value.
Share Price & News
How has Chinney Investments's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 216 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: 216 underperformed the Hong Kong Real Estate industry which returned -8.1% over the past year.
Return vs Market: 216 underperformed the Hong Kong Market which returned -7.4% over the past year.
Price Volatility Vs. Market
How volatile is Chinney Investments's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StThese 4 Measures Indicate That Chinney Investments (HKG:216) Is Using Debt In A Risky Way
1 month ago | Simply Wall StWe're Not Counting On Chinney Investments (HKG:216) To Sustain Its Statutory Profitability
2 months ago | Simply Wall StWhat To Know Before Buying Chinney Investments, Limited (HKG:216) For Its Dividend
Is Chinney Investments undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 216 (HK$2.1) is trading above our estimate of fair value (HK$0.6)
Significantly Below Fair Value: 216 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 216 is good value based on its PE Ratio (2.1x) compared to the Real Estate industry average (6.6x).
PE vs Market: 216 is good value based on its PE Ratio (2.1x) compared to the Hong Kong market (10.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 216's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 216 is good value based on its PB Ratio (0.1x) compared to the HK Real Estate industry average (0.5x).
How is Chinney Investments 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 Chinney Investments 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.
- Examine whether Chinney Investments is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Chinney Investments competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Chinney Investments performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 216 has a large one-off gain of HK$681.7M impacting its September 30 2019 financial results.
Growing Profit Margin: 216's current net profit margins (80.7%) are higher than last year (37.6%).
Past Earnings Growth Analysis
Earnings Trend: 216's earnings have grown by 6.9% per year over the past 5 years.
Accelerating Growth: 216's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 216 had negative earnings growth (-26.8%) over the past year, making it difficult to compare to the Real Estate industry average (-9.7%).
Return on Equity
High ROE: 216's Return on Equity (7.2%) is considered low.
Return on Assets
Return on Capital Employed
How is Chinney Investments's financial position?
Financial Position Analysis
Short Term Liabilities: 216's short term assets (HK$3.9B) exceed its short term liabilities (HK$2.0B).
Long Term Liabilities: 216's short term assets (HK$3.9B) do not cover its long term liabilities (HK$6.0B).
Debt to Equity History and Analysis
Debt Level: 216's debt to equity ratio (48%) is considered high.
Reducing Debt: 216's debt to equity ratio has reduced from 83.1% to 48% over the past 5 years.
Debt Coverage: 216's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 216's interest payments on its debt are not well covered by EBIT (1.3x coverage).
Inventory Level: 216 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 216's debt is not covered by short term assets (assets are 0.7x debt).
What is Chinney Investments's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 216's dividend (2.38%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.29%).
High Dividend: 216's dividend (2.38%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.35%).
Stability and Growth of Payments
Stable Dividend: 216's dividends per share have been stable in the past 10 years.
Growing Dividend: 216's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (5.1%), 216's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Zuric Chan (64yo)
Mr. Yuen-Keung Chan, also known as Zuric, has been an Managing Director & Executive Director of Chinney Investments Ltd. since April 01, 2018 and has been its Vice Chairman since 13 July 2018. Mr. Chan has ...
CEO Compensation Analysis
Compensation vs Market: Zuric's total compensation ($USD1.43M) is above average for companies of similar size in the Hong Kong market ($USD225.23K).
Compensation vs Earnings: Insufficient data to compare Zuric's compensation with company performance.
|Vice Chairman & MD||1.8yrs||HK$11.16m||no data|
|Executive Director||1.5yrs||HK$128.00k||no data|
|Independent Non-Executive Director||2.3yrs||HK$75.00k||no data|
|Non-Executive Director||9.5yrs||HK$75.00k||no data|
|Independent Non-Executive Director||12.3yrs||HK$75.00k||no data|
|Non Executive Director||2.5yrs||HK$75.00k||no data|
|Independent Non-Executive Director||0.5yrs||no data||no data|
Experienced Board: 216's board of directors are not considered experienced ( 2.4 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Chinney Investments, Limited's company bio, employee growth, exchange listings and data sources
- Name: Chinney Investments, Limited
- Ticker: 216
- Exchange: SEHK
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$1.158b
- Shares outstanding: 551.37m
- Website: https://www.chinneygroup.com/
Number of Employees
- Chinney Investments, Limited
- Wing On Centre
- 23rd Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|216||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
Chinney Investments, Limited, an investment holding company, primarily engages in the property development and investment activities in Hong Kong and Mainland China. It operates through three segments: Property Development; Property Investment; and Property, Carpark Management and Others. The company is also involved in sub-leasing business, as well as offers management services to residential and commercial properties. In addition, it provides property holding and letting, project management, carpark management, nominee, financing, and money lending services. The company is based in Central, Hong Kong. Chinney Investments, Limited is a subsidiary of Chinney Holdings Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 12:35|
|End of Day Share Price||2020/02/21 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.