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247

Tsim Sha Tsui PropertiesSEHK:247 Stock Report

Last Price

HK$23.00

Market Cap

HK$46.9b

7D

-2.3%

1Y

-6.1%

Updated

26 Jan, 2022

Data

Company Financials
247 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends4/6

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

Sino Land

SEHK:83

HK$74.2b

Hon Kwok Land Investment Company

SEHK:160

HK$2.0b

Chinney Investments

SEHK:216

HK$882.2m

New World Development

SEHK:17

HK$80.8b

Price History & Performance

Summary of all time highs, changes and price drops for Tsim Sha Tsui Properties
Historical stock prices
Current Share PriceHK$23.00
52 Week HighHK$24.60
52 Week LowHK$23.50
Beta0.069
1 Month Change-2.95%
3 Month Change-3.77%
1 Year Change-6.12%
3 Year Change-12.55%
5 Year Change3.60%
Change since IPO660.33%

Recent News & Updates

Oct 18
We Think Tsim Sha Tsui Properties (HKG:247) Can Manage Its Debt With Ease

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...

May 27
Here's Why Tsim Sha Tsui Properties (HKG:247) Has A Meaningful Debt Burden

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...

Shareholder Returns

247HK Real EstateHK Market
7D-2.3%2.9%-0.06%
1Y-6.1%-21.0%-15.0%

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.

Price Volatility

Is 247's price volatile compared to industry and market?
247 volatility
247 Average Weekly Movement1.0%
Real Estate Industry Average Movement5.6%
Market Average Movement6.7%
10% most volatile stocks in HK Market13.1%
10% least volatile stocks in HK Market3.1%

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

FoundedEmployeesCEOWebsite
1972n/an/ahttps://www.sino.com/en-US/Investor-Relations/Tsim-Sha-Tsui-Properties-Limited

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

How do Tsim Sha Tsui Properties's earnings and revenue compare to its market cap?
247 fundamental statistics
Market CapHK$46.93b
Earnings (TTM)HK$5.30b
Revenue (TTM)HK$24.77b

8.6x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
247 income statement (TTM)
RevenueHK$24.77b
Cost of RevenueHK$11.04b
Gross ProfitHK$13.73b
ExpensesHK$8.42b
EarningsHK$5.30b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.66
Gross Margin55.43%
Net Profit Margin21.42%
Debt/Equity Ratio5.9%

How did 247 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

20%

Payout Ratio

Valuation

Is Tsim Sha Tsui Properties undervalued compared to its fair value and its price relative to the market?

8.64x

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).


Future Growth

How is Tsim Sha Tsui Properties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.6%

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.


Past Performance

How has Tsim Sha Tsui Properties performed over the past 5 years?

-14.8%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Tsim Sha Tsui Properties's current dividend yield, its reliability and sustainability?

2.39%

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.


Next Steps

Management

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

17.0yrs

Average board tenure


CEO

Tsim Sha Tsui Properties has no CEO, or we have no data on them.


Board Members

Experienced Board: 247's board of directors are seasoned and experienced ( 17 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.5%.


Top Shareholders

Company Information

Tsim Sha Tsui Properties Limited's employee growth, exchange listings and data sources


Key Information


Location

  • Tsim Sha Tsui Properties Limited
  • Tsim Sha Tsui Centre
  • 12th Floor
  • Tsim Sha Tsui
  • Kowloon
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/26 10:03
End of Day Share Price2022/01/26 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.