247 Stock Overview
Tsim Sha Tsui Properties Limited, an investment holding company, invests in, develops, manages, and trades in properties primarily in the People’s Republic of China, Singapore, and Australia.
Tsim Sha Tsui Properties Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$23.00|
|52 Week High||HK$24.60|
|52 Week Low||HK$23.50|
|1 Month Change||-2.95%|
|3 Month Change||-3.77%|
|1 Year Change||-6.12%|
|3 Year Change||-12.55%|
|5 Year Change||3.60%|
|Change since IPO||660.33%|
Recent News & Updates
We Think Tsim Sha Tsui Properties (HKG:247) Can Manage Its Debt With Ease
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Here's Why Tsim Sha Tsui Properties (HKG:247) Has A Meaningful Debt Burden
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|247||HK Real Estate||HK Market|
Return vs Industry: 247 exceeded the Hong Kong Real Estate industry which returned -21% over the past year.
Return vs Market: 247 exceeded the Hong Kong Market which returned -15% over the past year.
|247 Average Weekly Movement||1.0%|
|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: 247 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: 247's weekly volatility (1%) has been stable over the past year.
About the Company
Tsim Sha Tsui Properties Limited, an investment holding company, invests in, develops, manages, and trades in properties primarily in the People’s Republic of China, Singapore, and Australia. The company operates through six segments: Property Sales; Property Rental; Property Management and Other Services; Hotel Operations; Investments in Securities; and Financing. It is also involved in the share investment and dealing, mortgage loan financing, building construction and management, and project management activities.
Tsim Sha Tsui Properties Fundamentals Summary
|247 fundamental statistics|
Is 247 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|247 income statement (TTM)|
|Cost of Revenue||HK$11.04b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.66|
|Net Profit Margin||21.42%|
How did 247 perform over the long term?See historical performance and comparison
2.4%Current Dividend Yield
Is Tsim Sha Tsui Properties 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: 247 (HK$23) is trading above our estimate of fair value (HK$7.99)
Significantly Below Fair Value: 247 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 247 is poor value based on its PE Ratio (8.6x) compared to the Hong Kong Real Estate industry average (6.8x).
PE vs Market: 247 is good value based on its PE Ratio (8.6x) compared to the Hong Kong market (8.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 247's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 247 is overvalued based on its PB Ratio (0.5x) compared to the HK Real Estate industry average (0.4x).
How is Tsim Sha Tsui Properties 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 Tsim Sha Tsui 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.
How has Tsim Sha Tsui Properties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 247 has high quality earnings.
Growing Profit Margin: 247's current net profit margins (21.4%) are higher than last year (14.5%).
Past Earnings Growth Analysis
Earnings Trend: 247's earnings have declined by 14.8% per year over the past 5 years.
Accelerating Growth: 247's earnings growth over the past year (488.3%) exceeds its 5-year average (-14.8% per year).
Earnings vs Industry: 247 earnings growth over the past year (488.3%) exceeded the Real Estate industry 22.3%.
Return on Equity
High ROE: 247's Return on Equity (6.7%) is considered low.
How is Tsim Sha Tsui Properties's financial position?
Financial Position Analysis
Short Term Liabilities: 247's short term assets (HK$75.0B) exceed its short term liabilities (HK$18.0B).
Long Term Liabilities: 247's short term assets (HK$75.0B) exceed its long term liabilities (HK$8.3B).
Debt to Equity History and Analysis
Debt Level: 247 has more cash than its total debt.
Reducing Debt: 247's debt to equity ratio has reduced from 6.4% to 5.9% over the past 5 years.
Debt Coverage: 247's debt is well covered by operating cash flow (23.9%).
Interest Coverage: 247 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Tsim Sha Tsui Properties's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 247's dividend (2.39%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.38%).
High Dividend: 247's dividend (2.39%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.06%).
Stability and Growth of Payments
Stable Dividend: 247's dividends per share have been stable in the past 10 years.
Growing Dividend: 247's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.8%), 247'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 board tenure
Tsim Sha Tsui Properties has no CEO, or we have no data on them.
Experienced Board: 247's board of directors are seasoned and experienced ( 17 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 247 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.5%.
Tsim Sha Tsui Properties Limited's employee growth, exchange listings and data sources
- Name: Tsim Sha Tsui Properties Limited
- Ticker: 247
- Exchange: SEHK
- Founded: 1972
- Industry: Real Estate Development
- Sector: Real Estate
- Implied Market Cap: HK$46.929b
- Shares outstanding: 1.99b
- Website: https://www.sino.com/en-US/Investor-Relations/Tsim-Sha-Tsui-Properties-Limited
- Tsim Sha Tsui Properties Limited
- Tsim Sha Tsui Centre
- 12th Floor
- Tsim Sha Tsui
- 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.