China Overseas Property Holdings
Market Cap
HK$13.3b
Last Updated
2019/10/14 12:52 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.
Snowflake
Fundamentals
Flawless balance sheet with solid track record.
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
Market Performance
7 Day Return
3.8%
2669
1.9%
HK Real Estate
2.2%
HK Market
1 Year Return
110.3%
2669
6.9%
HK Real Estate
-1.3%
HK Market
Return vs Industry: 2669 exceeded the Hong Kong Real Estate industry which returned 6.9% over the past year.
Return vs Market: 2669 exceeded the Hong Kong Market which returned -1.3% over the past year.
Shareholder returns
| 2669 | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.8% | 1.9% | 2.2% |
| 30 Day | -2.4% | -1.9% | -2.9% |
| 90 Day | -4.2% | -11.3% | -5.8% |
| 1 Year | 112.6%110.3% | 11.0%6.9% | 2.3%-1.3% |
| 3 Year | 170.9%159.9% | 37.6%23.3% | 15.6%3.9% |
| 5 Year | n/a | 59.6%34.0% | 20.1%0.06% |
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
Is There An Opportunity With China Overseas Property Holdings Limited's (HKG:2669) 21% Undervaluation?1 month ago | Simply Wall St
Does China Overseas Property Holdings Limited's (HKG:2669) September Stock Price Reflect Its Future Growth?1 month ago | Simply Wall St
China Overseas Property Holdings Limited (HKG:2669): What Does The Future Look Like?Valuation
Is China Overseas Property Holdings undervalued compared to its fair value and its price relative to the market?
18.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: 2669 (HK$4.08) is trading below our estimate of fair value (HK$4.98)
Significantly Undervalued: 2669 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 2669 is poor value based on its PE Ratio (31.2x) compared to the Real Estate industry average (6.1x).
PE vs Market: 2669 is poor value based on its PE Ratio (31.2x) compared to the Hong Kong market (10.3x).
Price to Earnings Growth Ratio
Low PEG Ratio: 2669 is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: 2669 is overvalued based on its PB Ratio (10.3x) 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 11 analysts?
24.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2669's forecast earnings growth (24% per year) is above the savings rate (2%).
Earnings vs Market: 2669's earnings (24% per year) are forecast to grow faster than the Hong Kong market (11.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 2669's revenue (17.5% per year) is forecast to grow faster than the Hong Kong market (10.1% per year).
High Growth Revenue: 2669's revenue (17.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: 2669's Return on Equity is forecast to be high in 3 years time (35.4%)
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
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 -12.4%.
Return on Equity
High ROE: 2669's Return on Equity (33%) is considered high.
Return on Assets
ROA vs Industry: 2669 has a higher Return on Assets than the Real Estate industry average last year.
Return on Capital Employed
ROCE Improving: 2669 has significantly improved its Return on Capital Employed over the past 3 years.
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) exceeds its short term liabilities (HK$2.4B)
Long Term Liabilities: 2669's short term assets (3.4B) exceeds its long term liabilities (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?
1.08%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: 2669's dividend (1.08%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.25%).
High Dividend: 2669's dividend (1.08%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.35%).
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 .
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
What is the CEO of China Overseas Property Holdings's salary, the management and board of directors tenure and is there insider trading?
1.8yrs
Average management tenure
CEO
Ou Yang (42yo)
1.6yrs
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 has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the Hong Kong market.
Compensation vs Earnings: Ou's compensation has increased by more than 20% in the past year.
Management Age and Tenure
1.8yrs
Average Tenure
46yo
Average Age
Experienced Management: 2669's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Age and Tenure
2.3yrs
Average Tenure
55yo
Average Age
Experienced Board: 2669's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Tracy Sin (51yo)
Company Secretary
- Tenure: 1.4yrs
Ou Yang (42yo)
CEO & Executive Director
- Tenure: 1.6yrs
- Compensation: HK$4.61m
Yuk Kam (55yo)
Executive Director & CFO
- Tenure: 4.3yrs
- Compensation: HK$2.52m
Kai Wong (64yo)
Senior Vice President
- Tenure: 4.3yrs
Zhigang Wang (46yo)
Vice President
- Tenure: 0.6yrs
Xiaohua Li (44yo)
Assistant President
- Tenure: 4.3yrs
Zhen Li (45yo)
Assistant President
- Tenure: 4.2yrs
Fang Han (46yo)
Assistant President
- Tenure: 3.4yrs
Xiang Ye (46yo)
Vice President
- Tenure: 1.8yrs
Jinying Pang (51yo)
Executive Director & VP
- Tenure: 1.2yrs
- Compensation: HK$2.42m
Board Members
Samuel Yung (60yo)
Independent Non-Executive Director
- Tenure: 4yrs
- Compensation: HK$360.00k
Jianguo Yan (52yo)
Chairman of the Board
- Tenure: 2.3yrs
Ou Yang (42yo)
CEO & Executive Director
- Tenure: 1.6yrs
- Compensation: HK$4.61m
Yuk Kam (55yo)
Executive Director & CFO
- Tenure: 4.3yrs
- Compensation: HK$2.52m
Bernard Vincent Lim (62yo)
Independent Non-Executive Director
- Tenure: 4yrs
- Compensation: HK$250.00k
Jinying Pang (51yo)
Executive Director & VP
- Tenure: 1.2yrs
- Compensation: HK$2.42m
Gregory So (60yo)
Independent Non-Executive Director
- Tenure: 1yrs
- Compensation: HK$83.00k
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$13.279b
- 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 Ser ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/14 12:52 |
| End of Day Share Price | 2019/10/14 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.