China Overseas Property Holdings
Market Cap
HK$20.5b
Last Updated
2020/02/22 13:22 UTC
Data Sources
Company Financials +
Executive Summary
China Overseas Property Holdings Limited, an investment holding company, provides property management services in Hong Kong, Macau, and the People's Republic of China.
Rewards
Risk Analysis
No risks detected for 2669 from our risk checks.
Snowflake Analysis
Flawless balance sheet with high growth potential.
Share Price & News
How has China Overseas Property Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2669 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.5%
2669
-3.3%
HK Real Estate
-0.6%
HK Market
1 Year Return
114.8%
2669
-8.1%
HK Real Estate
-7.4%
HK Market
Return vs Industry: 2669 exceeded the Hong Kong Real Estate industry which returned -8.1% over the past year.
Return vs Market: 2669 exceeded the Hong Kong Market which returned -7.4% over the past year.
Shareholder returns
| 2669 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.5% | -3.3% | -0.6% |
| 30 Day | 26.3% | -3.9% | -3.2% |
| 90 Day | 26.0% | 1.7% | 3.1% |
| 1 Year | 117.1%114.8% | -3.9%-8.1% | -4.1%-7.4% |
| 3 Year | 365.3%346.4% | 38.4%23.5% | 13.5%2.0% |
| 5 Year | n/a | 61.1%33.9% | 13.8%-5.1% |
Price Volatility Vs. Market
How volatile is China Overseas Property Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Why China Overseas Property Holdings Limited's (HKG:2669) High P/E Ratio Isn't Necessarily A Bad Thing1 month ago | Simply Wall St
A Look At The Intrinsic Value Of China Overseas Property Holdings Limited (HKG:2669)2 months ago | Simply Wall St
Is China Overseas Property Holdings's (HKG:2669) 254% Share Price Increase Well Justified?Valuation
Is China Overseas Property Holdings undervalued compared to its fair value and its price relative to the market?
47.81x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 2669 (HK$6.25) is trading above our estimate of fair value (HK$5.32)
Significantly Below Fair Value: 2669 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2669 is poor value based on its PE Ratio (47.8x) compared to the Real Estate industry average (6.6x).
PE vs Market: 2669 is poor value based on its PE Ratio (47.8x) compared to the Hong Kong market (10.1x).
Price to Earnings Growth Ratio
PEG Ratio: 2669 is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: 2669 is overvalued based on its PB Ratio (15.8x) compared to the HK Real Estate industry average (0.5x).
Next Steps
Future Growth
How is China Overseas Property Holdings forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
22.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2669's forecast earnings growth (22.9% per year) is above the savings rate (1.6%).
Earnings vs Market: 2669's earnings (22.9% per year) are forecast to grow faster than the Hong Kong market (11.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 2669's revenue (14.7% per year) is forecast to grow faster than the Hong Kong market (9.5% per year).
High Growth Revenue: 2669's revenue (14.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2669's Return on Equity is forecast to be high in 3 years time (34.8%)
Next Steps
Past Performance
How has China Overseas Property Holdings performed over the past 5 years?
29.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2669 has high quality earnings.
Growing Profit Margin: 2669's current net profit margins (9.2%) are lower than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: 2669's earnings have grown significantly by 29.9% per year over the past 5 years.
Accelerating Growth: 2669's earnings growth over the past year (16.7%) is below its 5-year average (29.9% per year).
Earnings vs Industry: 2669 earnings growth over the past year (16.7%) exceeded the Real Estate industry -9.7%.
Return on Equity
High ROE: 2669's Return on Equity (33%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is China Overseas Property Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 2669's short term assets (HK$3.4B) exceed its short term liabilities (HK$2.4B).
Long Term Liabilities: 2669's short term assets (HK$3.4B) exceed its long term liabilities (HK$25.3M).
Debt to Equity History and Analysis
Debt Level: 2669 is debt free.
Reducing Debt: 2669 has no debt compared to 5 years ago when its debt to equity ratio was 47.5%.
Debt Coverage: 2669 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2669 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: 2669 has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 2669's debt is covered by short term assets.
Next Steps
Dividend
What is China Overseas Property Holdings's current dividend yield, its reliability and sustainability?
0.70%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 2669's dividend (0.7%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.29%).
High Dividend: 2669's dividend (0.7%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.35%).
Stability and Growth of Payments
Stable Dividend: 2669 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.
Growing Dividend: 2669 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 2669 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 2669's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Ou Yang (42yo)
1.9yrs
Tenure
HK$4,612,000
Compensation
Mr. Ou Yang has been Chief Executive Officer and Executive Director of China Overseas Property Holdings Limited since March 22, 2018. Mr. Yang served as Vice President at China Overseas Property Holdings ...
CEO Compensation Analysis
Compensation vs Market: Ou's total compensation ($USD592.22K) is about average for companies of similar size in the Hong Kong market ($USD556.75K).
Compensation vs Earnings: Ou's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.9yrs | HK$4.61m | no data | |
| CFO & Executive Director | 4.7yrs | HK$2.52m | no data | |
| VP & Executive Director | 1.5yrs | HK$2.42m | no data | |
| Chairman of the Board | 0yrs | no data | no data | |
| Senior Vice President | 4.7yrs | no data | no data | |
| Vice President | 0.9yrs | no data | no data | |
| Assistant President | 4.7yrs | no data | no data | |
| Assistant President | 4.5yrs | no data | no data | |
| Assistant President | 3.8yrs | no data | no data | |
| Vice President | 2.2yrs | no data | no data |
2.2yrs
Average Tenure
46yo
Average Age
Experienced Management: 2669's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.9yrs | HK$4.61m | no data | |
| CFO & Executive Director | 4.7yrs | HK$2.52m | no data | |
| VP & Executive Director | 1.5yrs | HK$2.42m | no data | |
| Chairman of the Board | 0yrs | no data | no data | |
| Independent Non-Executive Director | 4.3yrs | HK$360.00k | no data | |
| Independent Non-Executive Director | 4.3yrs | HK$250.00k | no data | |
| Independent Non-Executive Director | 1.3yrs | HK$83.00k | no data |
3.1yrs
Average Tenure
55yo
Average Age
Experienced Board: 2669'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
China Overseas Property Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: China Overseas Property Holdings Limited
- Ticker: 2669
- Exchange: SEHK
- Founded: 1986
- Industry: Real Estate Services
- Sector: Real Estate
- Market Cap: HK$20.543b
- Shares outstanding: 3.29b
- Website: https://www.copl.com.hk
Number of Employees
Location
- China Overseas Property Holdings Limited
- Three Pacific Place
- Suite 703
- Admiralty
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2669 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | New Ordinary Shares | HK | HKD | Oct 2015 |
| CNPP.F | OTCPK (Pink Sheets LLC) | Yes | New Ordinary Shares | US | USD | Oct 2015 |
| 2669 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | New Ordinary Shares | HK | HKD | Oct 2015 |
Biography
China Overseas Property Holdings Limited, an investment holding company, provides property management services in Hong Kong, Macau, and the People's Republic of China. The company's Property Management Services segment offers security, repair and maintenance, cleaning, and garden landscape maintenance services to mid-to high-end residential communities, commercial properties, government properties, and construction sites. This segment also provides pre-delivery, move-in assistance, delivery inspection, and engineering services for property developers. Its Value-Added Services segment offers engineering services, such as automation consulting and engineering product sales for property developers; inspection, repair and maintenance, and equipment upgrade services to property management companies; community leasing, sales, and other services comprising common area rental assistance, purchase assistance, and rental assistance for properties through its online to offline platform; and consulting services for other property management companies. The company was formerly known as China Overseas Management Services International Limited and changed its name to China Overseas Property Holdings Limited in May 2015. China Overseas Property Holdings Limited was founded in 1986 and is headquartered in Admiralty, Hong Kong. China Overseas Property Holdings Limited operates as a subsidiary of China State Construction Engineering Corporation Limited.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/22 13:22 |
| End of Day Share Price | 2020/02/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.