216 Stock Overview
Chinney Investments, Limited, an investment holding company, primarily engages in the property development and investment activities in Hong Kong and Mainland China.
Chinney Investments Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$1.60|
|52 Week High||HK$1.99|
|52 Week Low||HK$1.48|
|1 Month Change||1.27%|
|3 Month Change||-0.62%|
|1 Year Change||-8.05%|
|3 Year Change||-40.30%|
|5 Year Change||-26.27%|
|Change since IPO||68.42%|
Recent News & Updates
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Chinney Investments, Limited's (HKG:216) CEO For Now
The underwhelming share price performance of Chinney Investments, Limited ( HKG:216 ) in the past three years would...
|216||HK Real Estate||HK Market|
Return vs Industry: 216 exceeded the Hong Kong Real Estate industry which returned -21% over the past year.
Return vs Market: 216 exceeded the Hong Kong Market which returned -15% over the past year.
|216 Average Weekly Movement||4.3%|
|Real Estate Industry Average Movement||5.6%|
|Market Average Movement||6.7%|
|10% most volatile stocks in HK Market||13.1%|
|10% least volatile stocks in HK Market||3.1%|
Stable Share Price: 216 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 216's weekly volatility (4%) has been stable over the past year.
About the Company
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.
Chinney Investments Fundamentals Summary
|216 fundamental statistics|
Is 216 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|216 income statement (TTM)|
|Cost of Revenue||HK$475.92m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.15|
|Net Profit Margin||7.28%|
How did 216 perform over the long term?See historical performance and comparison
3.1%Current Dividend Yield
Is Chinney Investments 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: 216 (HK$1.6) is trading below our estimate of fair value (HK$8.32)
Significantly Below Fair Value: 216 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 216 is poor value based on its PE Ratio (10.6x) compared to the Hong Kong Real Estate industry average (6.8x).
PE vs Market: 216 is poor value based on its PE Ratio (10.6x) compared to the Hong Kong market (8.9x).
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 (0.4x).
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.
How has Chinney Investments performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 216 has high quality earnings.
Growing Profit Margin: 216 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 216's earnings have declined by 39.7% per year over the past 5 years.
Accelerating Growth: 216 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 216 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (22.3%).
Return on Equity
High ROE: 216's Return on Equity (1%) is considered low.
How is Chinney Investments's financial position?
Financial Position Analysis
Short Term Liabilities: 216's short term assets (HK$4.3B) exceed its short term liabilities (HK$3.5B).
Long Term Liabilities: 216's short term assets (HK$4.3B) do not cover its long term liabilities (HK$5.3B).
Debt to Equity History and Analysis
Debt Level: 216's net debt to equity ratio (35.8%) is considered satisfactory.
Reducing Debt: 216's debt to equity ratio has reduced from 77.3% to 49.7% over the past 5 years.
Debt Coverage: 216's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: 216's interest payments on its debt are not well covered by EBIT (2.7x coverage).
What is Chinney Investments's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 216's dividend (3.12%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.38%).
High Dividend: 216's dividend (3.12%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.06%).
Stability and Growth of Payments
Stable Dividend: 216's dividends per share have been stable in the past 10 years.
Growing Dividend: 216's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.3%), 216's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Zuric Chan (66 yo)
Mr. Yuen-Keung Chan, also known as Zuric, has been an Managing Director & Executive Director of Chinney Investments Ltd. since April 01, 2018 and has been its Vice Chairman since 13 July 2018. Mr. Chan has...
CEO Compensation Analysis
Compensation vs Market: Zuric's total compensation ($USD1.17M) is above average for companies of similar size in the Hong Kong market ($USD232.74K).
Compensation vs Earnings: Zuric's compensation has been consistent with company performance over the past year.
Experienced Management: 216's management team is considered experienced (3.8 years average tenure).
Experienced Board: 216's board of directors are considered experienced (4 years average tenure).
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 employee growth, exchange listings and data sources
- Name: Chinney Investments, Limited
- Ticker: 216
- Exchange: SEHK
- Founded: 1959
- Industry: Real Estate Development
- Sector: Real Estate
- Implied Market Cap: HK$882.189m
- Shares outstanding: 551.37m
- Website: https://www.chinney.com.hk
Number of Employees
- Chinney Investments, Limited
- Wing On Centre
- 23rd Floor
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/26 10:03|
|End of Day Share Price||2022/01/26 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.