Minmetals Land Limited, an investment holding company, engages in the real estate development business in the People’s Republic of China.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.80|
|52 Week High||HK$0.70|
|52 Week Low||HK$1.04|
|1 Month Change||3.90%|
|3 Month Change||-2.44%|
|1 Year Change||-11.11%|
|3 Year Change||-33.88%|
|5 Year Change||-19.19%|
|Change since IPO||-19.60%|
Recent News & Updates
|230||HK Real Estate||HK Market|
Return vs Industry: 230 exceeded the Hong Kong Real Estate industry which returned -12.5% over the past year.
Return vs Market: 230 underperformed the Hong Kong Market which returned 5.3% over the past year.
Stable Share Price: 230 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 230's weekly volatility (4%) has been stable over the past year.
About the Company
Minmetals Land Limited, an investment holding company, engages in the real estate development business in the People’s Republic of China. It operates through Real Estate Development, Specialized Construction, Property Investment, and Securities Investment segments. The company develops and sells residential and commercial properties; and designs, installs, and sells curtain walls, as well as aluminum windows, doors, and other materials.
Minmetals Land Fundamentals Summary
|230 fundamental statistics|
Is 230 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|230 income statement (TTM)|
|Cost of Revenue||HK$8.08b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.036|
|Net Profit Margin||1.21%|
How did 230 perform over the long term?See historical performance and comparison
1.2%Current Dividend Yield
Is Minmetals Land 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: 230 (HK$0.8) is trading below our estimate of fair value (HK$30.86)
Significantly Below Fair Value: 230 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 230 is poor value based on its PE Ratio (22.4x) compared to the Hong Kong Real Estate industry average (7.4x).
PE vs Market: 230 is poor value based on its PE Ratio (22.4x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 230's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 230 is good value based on its PB Ratio (0.2x) compared to the HK Real Estate industry average (0.4x).
How is Minmetals Land 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 Minmetals Land 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 Minmetals Land performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 230 has high quality earnings.
Growing Profit Margin: 230's current net profit margins (1.2%) are lower than last year (2.2%).
Past Earnings Growth Analysis
Earnings Trend: 230's earnings have declined by 10.8% per year over the past 5 years.
Accelerating Growth: 230's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 230 had negative earnings growth (-34.7%) over the past year, making it difficult to compare to the Real Estate industry average (23.4%).
Return on Equity
High ROE: 230's Return on Equity (2.7%) is considered low.
How is Minmetals Land's financial position?
Financial Position Analysis
Short Term Liabilities: 230's short term assets (HK$68.5B) exceed its short term liabilities (HK$39.4B).
Long Term Liabilities: 230's short term assets (HK$68.5B) exceed its long term liabilities (HK$15.9B).
Debt to Equity History and Analysis
Debt Level: 230's debt to equity ratio (113.6%) is considered high.
Reducing Debt: 230's debt to equity ratio has increased from 102% to 113.6% over the past 5 years.
Debt Coverage: 230's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: 230 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Minmetals Land current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 230's dividend (1.25%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.26%).
High Dividend: 230's dividend (1.25%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.78%).
Stability and Growth of Payments
Stable Dividend: 230's dividend payments have been volatile in the past 10 years.
Growing Dividend: 230's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28%), 230's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bo Liu (55 yo)
Mr. Bo Liu is the Managing Director and Executive Director of Minmetals Land Limited since March 26, 2020 and was its General Manager. Mr. Liu joined China Metallurgical Group Corporation (“MCC Group”) in...
CEO Compensation Analysis
Compensation vs Market: Bo's total compensation ($USD203.38K) is below average for companies of similar size in the Hong Kong market ($USD342.08K).
Compensation vs Earnings: Insufficient data to compare Bo's compensation with company performance.
Experienced Management: 230's management team is considered experienced (2.8 years average tenure).
Experienced Board: 230's board of directors are considered experienced (3.9 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Minmetals Land Limited's employee growth, exchange listings and data sources
- Name: Minmetals Land Limited
- Ticker: 230
- Exchange: SEHK
- Founded: NaN
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$2.678b
- Shares outstanding: 3.35b
- Website: https://www.minmetalsland.com
Number of Employees
- Minmetals Land Limited
- China Minmetals Tower
- 18th Floor
- Tsim Sha Tsui
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:12|
|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.