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2231

JY Grandmark Holdings SEHK:2231 Stock Report

Last Price

HK$1.71

Market Cap

HK$2.8b

7D

5.6%

1Y

-45.7%

Updated

24 Jun, 2022

Data

Company Financials
2231 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends2/6

2231 Stock Overview

JY Grandmark Holdings Limited, an investment holding company, engages in the property development activities in the People's Republic of China.

JY Grandmark Holdings Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for JY Grandmark Holdings
Historical stock prices
Current Share PriceHK$1.71
52 Week HighHK$3.23
52 Week LowHK$1.37
Beta0.045
1 Month Change-10.00%
3 Month Change-26.61%
1 Year Change-45.71%
3 Year Changen/a
5 Year Changen/a
Change since IPO-47.06%

Recent News & Updates

Shareholder Returns

2231HK Real EstateHK Market
7D5.6%3.8%1.2%
1Y-45.7%-34.6%-23.3%

Return vs Industry: 2231 underperformed the Hong Kong Real Estate industry which returned -34.6% over the past year.

Return vs Market: 2231 underperformed the Hong Kong Market which returned -23.3% over the past year.

Price Volatility

Is 2231's price volatile compared to industry and market?
2231 volatility
2231 Average Weekly Movement8.1%
Real Estate Industry Average Movement6.3%
Market Average Movement7.0%
10% most volatile stocks in HK Market13.7%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 2231 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 2231's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013983n/ahttps://www.jygrandmark.com

JY Grandmark Holdings Limited, an investment holding company, engages in the property development activities in the People's Republic of China. It operates through four segments: Property Development and Sales, Commercial Properties Investment, Hotel Operations, and Property Management. The company develops residential properties; operates hotels under the Just Stay Hotel and Just Stay Resort names; offers property management and health management services; and owns and operates commercial properties.

JY Grandmark Holdings Fundamentals Summary

How do JY Grandmark Holdings's earnings and revenue compare to its market cap?
2231 fundamental statistics
Market CapCN¥2.39b
Earnings (TTM)CN¥216.45m
Revenue (TTM)CN¥2.04b

11.1x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2231 income statement (TTM)
RevenueCN¥2.04b
Cost of RevenueCN¥1.46b
Gross ProfitCN¥583.23m
Other ExpensesCN¥366.78m
EarningsCN¥216.45m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin28.55%
Net Profit Margin10.59%
Debt/Equity Ratio94.1%

How did 2231 perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

35%

Payout Ratio

Does 2231 pay a reliable dividends?

See 2231 dividend history and benchmarks
When do you need to buy 2231 by to receive an upcoming dividend?
JY Grandmark Holdings dividend dates
Ex Dividend DateJun 30 2022
Dividend Pay DateJul 15 2022
Days until Ex dividend6 days
Days until Dividend pay date21 days

Does 2231 pay a reliable dividends?

See 2231 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is 2231 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2231?

Other financial metrics that can be useful for relative valuation.

2231 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.8x
Enterprise Value/EBITDA23.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 2231's PE Ratio compare to its peers?

2231 PE Ratio vs Peers
The above table shows the PE ratio for 2231 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average5.2x

Price-To-Earnings vs Peers: 2231 is expensive based on its Price-To-Earnings Ratio (11.1x) compared to the peer average (5.2x).


Price to Earnings Ratio vs Industry

How does 2231's PE Ratio compare vs other companies in the Hong Kong Real Estate Industry?

Price-To-Earnings vs Industry: 2231 is expensive based on its Price-To-Earnings Ratio (11.1x) compared to the Hong Kong Real Estate industry average (6.5x)


Price to Earnings Ratio vs Fair Ratio

What is 2231's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2231 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2231's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 2231 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2231 (HK$1.71) is trading above our estimate of fair value (HK$0.8)

Significantly Below Fair Value: 2231 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2231's PEG Ratio to determine if it is good value.


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Future Growth

How is JY Grandmark Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.1%

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 JY Grandmark Holdings 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.


Discover growth companies

  • Examine JY Grandmark Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • JY Grandmark Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has JY Grandmark Holdings performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


11.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 2231 has a high level of non-cash earnings.

Growing Profit Margin: 2231's current net profit margins (10.6%) are lower than last year (20.7%).


Past Earnings Growth Analysis

Earnings Trend: 2231's earnings have grown by 11.6% per year over the past 5 years.

Accelerating Growth: 2231's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2231 had negative earnings growth (-55.4%) over the past year, making it difficult to compare to the Real Estate industry average (14.7%).


Return on Equity

High ROE: 2231's Return on Equity (4.2%) is considered low.


Discover strong past performing companies

Financial Health

How is JY Grandmark Holdings's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 2231's short term assets (CN¥12.8B) exceed its short term liabilities (CN¥6.6B).

Long Term Liabilities: 2231's short term assets (CN¥12.8B) exceed its long term liabilities (CN¥2.5B).


Debt to Equity History and Analysis

Debt Level: 2231's net debt to equity ratio (72.5%) is considered high.

Reducing Debt: 2231's debt to equity ratio has reduced from 1055.5% to 94.1% over the past 5 years.

Debt Coverage: 2231's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 2231 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is JY Grandmark Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.15%

Current Dividend Yield

Upcoming Dividend Payment

TodayJun 24 2022Ex Dividend DateJun 30 2022Dividend Pay DateJul 15 202215 days from Ex DividendBuy in the next 6 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 2231's dividend (3.15%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.76%).

High Dividend: 2231's dividend (3.15%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.89%).


Stability and Growth of Payments

Stable Dividend: 2231 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 2231 has only been paying a dividend for 2 years, and since then payments have fallen.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (35%), 2231's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 2231 is paying a dividend but the company has no free cash flows.


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Management

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

2.6yrs

Average management tenure


CEO

JY Grandmark Holdings has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 2231's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: 2231's board of directors are considered experienced (3.1 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.


Ownership Breakdown

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


Top Shareholders

Company Information

JY Grandmark Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: JY Grandmark Holdings Limited
  • Ticker: 2231
  • Exchange: SEHK
  • Founded: 2013
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Implied Market Cap: HK$2.798b
  • Shares outstanding: 1.65b
  • Website: https://www.jygrandmark.com

Number of Employees


Location

  • JY Grandmark Holdings Limited
  • JY Grandmark Building
  • 198 Guanjing Road
  • Guangzhou
  • Guangdong Province
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.