2329 Stock Overview
Guorui Properties Limited, an investment holding company, engages in the development of real estate properties in the People’s Republic of China.
Guorui Properties Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.21|
|52 Week High||HK$0.47|
|52 Week Low||HK$0.17|
|1 Month Change||-7.08%|
|3 Month Change||-13.93%|
|1 Year Change||-48.15%|
|3 Year Change||-86.09%|
|5 Year Change||-91.06%|
|Change since IPO||-91.60%|
Recent News & Updates
We Think Guorui Properties (HKG:2329) Is Taking Some Risk With Its Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|2329||HK Real Estate||HK Market|
Return vs Industry: 2329 underperformed the Hong Kong Real Estate industry which returned -35.2% over the past year.
Return vs Market: 2329 underperformed the Hong Kong Market which returned -23.8% over the past year.
|2329 Average Weekly Movement||15.3%|
|Real Estate Industry Average Movement||6.1%|
|Market Average Movement||7.0%|
|10% most volatile stocks in HK Market||13.6%|
|10% least volatile stocks in HK Market||3.3%|
Stable Share Price: 2329 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: 2329's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
Guorui Properties Limited, an investment holding company, engages in the development of real estate properties in the People’s Republic of China. The company operates through four segments: Property Development, Primary Land Construction and Development Services, Property Investment, and Property Management and Related Services. The Property Development segment develops and sells commercial and residential properties.
Guorui Properties Fundamentals Summary
|2329 fundamental statistics|
Is 2329 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2329 income statement (TTM)|
|Cost of Revenue||CN¥8.65b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.051|
|Net Profit Margin||2.31%|
How did 2329 perform over the long term?See historical performance and comparison
Is 2329 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2329?
Other financial metrics that can be useful for relative valuation.
|What is 2329's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 2329's PE Ratio compare to its peers?
|2329 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: 2329 is good value based on its Price-To-Earnings Ratio (3.5x) compared to the peer average (6.4x).
Price to Earnings Ratio vs Industry
How does 2329's PE Ratio compare vs other companies in the Hong Kong Real Estate Industry?
Price-To-Earnings vs Industry: 2329 is good value based on its Price-To-Earnings Ratio (3.5x) compared to the Hong Kong Real Estate industry average (6.4x)
Price to Earnings Ratio vs Fair Ratio
What is 2329'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.
|Current PE Ratio||3.5x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2329's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 2329 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 2329 (HK$0.21) is trading below our estimate of fair value (HK$8.33)
Significantly Below Fair Value: 2329 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2329's PEG Ratio to determine if it is good value.
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How is Guorui Properties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Guorui Properties 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.
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- Examine whether Guorui Properties 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.
- Guorui Properties competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Guorui Properties performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2329 has a large one-off gain of CN¥406.0M impacting its December 31 2021 financial results.
Growing Profit Margin: 2329's current net profit margins (2.3%) are higher than last year (1.7%).
Past Earnings Growth Analysis
Earnings Trend: 2329's earnings have declined by 35.5% per year over the past 5 years.
Accelerating Growth: 2329's earnings growth over the past year (131.2%) exceeds its 5-year average (-35.5% per year).
Earnings vs Industry: 2329 earnings growth over the past year (131.2%) exceeded the Real Estate industry 14.7%.
Return on Equity
High ROE: 2329's Return on Equity (2.2%) is considered low.
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How is Guorui Properties's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 2329's short term assets (CN¥35.1B) exceed its short term liabilities (CN¥29.6B).
Long Term Liabilities: 2329's short term assets (CN¥35.1B) exceed its long term liabilities (CN¥16.0B).
Debt to Equity History and Analysis
Debt Level: 2329's net debt to equity ratio (132.1%) is considered high.
Reducing Debt: 2329's debt to equity ratio has reduced from 168.9% to 135.7% over the past 5 years.
Debt Coverage: 2329's debt is well covered by operating cash flow (20.7%).
Interest Coverage: 2329's interest payments on its debt are not well covered by EBIT (0.8x coverage).
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What is Guorui Properties's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2329's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2329's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 2329's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2329's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: 2329 is not paying a notable dividend for the Hong Kong market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 2329 has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Zhangsun Zhang (65 yo)
Mr. Zhangsun Zhang is the Founder of Guorui Properties Limited and has been its Chief Executive Officer since May 12, 2014. Mr. Zhang also serves as Chairman and President of Guorui Properties Limited. He...
CEO Compensation Analysis
Compensation vs Market: Zhangsun's total compensation ($USD447.71K) is above average for companies of similar size in the Hong Kong market ($USD232.87K).
Compensation vs Earnings: Zhangsun's compensation has been consistent with company performance over the past year.
Experienced Board: 2329's board of directors are considered experienced (5.5 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.
Guorui Properties Limited's employee growth, exchange listings and data sources
- Name: Guorui Properties Limited
- Ticker: 2329
- Exchange: SEHK
- Founded: 1994
- Industry: Real Estate Development
- Sector: Real Estate
- Implied Market Cap: HK$933.328m
- Shares outstanding: 4.44b
- Website: https://www.glorypty.com
Number of Employees
- Guorui Properties Limited
- Hademen Plaza
- East Block
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/23 00:00|
|End of Day Share Price||2022/06/23 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.