SEHK:272

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Executive Summary

Shui On Land Limited, an investment holding company, develops and sells properties in the Chinese Mainland. More Details


Snowflake Analysis

High growth potential and fair value.


Similar Companies

Share Price & News

How has Shui On Land's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 272 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 272's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-3.6%

272

-2.0%

HK Real Estate

-0.5%

HK Market


1 Year Return

-35.8%

272

-8.1%

HK Real Estate

7.6%

HK Market

Return vs Industry: 272 underperformed the Hong Kong Real Estate industry which returned -8.1% over the past year.

Return vs Market: 272 underperformed the Hong Kong Market which returned 7.6% over the past year.


Shareholder returns

272IndustryMarket
7 Day-3.6%-2.0%-0.5%
30 Day1.9%4.9%5.3%
90 Day0%-2.0%4.2%
1 Year-31.5%-35.8%-3.2%-8.1%11.9%7.6%
3 Year-40.0%-50.2%-1.4%-13.8%-1.2%-11.4%
5 Year-38.0%-51.4%42.6%14.6%29.7%7.9%

Long-Term Price Volatility Vs. Market

How volatile is Shui On Land's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Shui On Land undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 272 (HK$1.06) is trading below our estimate of fair value (HK$9.05)

Significantly Below Fair Value: 272 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 272 is unprofitable, so we can't compare its PE Ratio to the HK Real Estate industry average.

PE vs Market: 272 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 272's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 272 is good value based on its PB Ratio (0.2x) compared to the HK Real Estate industry average (0.4x).


Next Steps

Future Growth

How is Shui On Land forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

103.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 272 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).

Earnings vs Market: 272 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 272's is expected to become profitable in the next 3 years.

Revenue vs Market: 272's revenue (26.7% per year) is forecast to grow faster than the Hong Kong market (13.7% per year).

High Growth Revenue: 272's revenue (26.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 272's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Shui On Land performed over the past 5 years?

0.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 272 is currently unprofitable.

Growing Profit Margin: 272 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 272 is unprofitable, but has reduced losses over the past 5 years at a rate of 0.5% per year.

Accelerating Growth: Unable to compare 272's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 272 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-0.6%).


Return on Equity

High ROE: 272 has a negative Return on Equity (-1.58%), as it is currently unprofitable.


Next Steps

Financial Health

How is Shui On Land's financial position?


Financial Position Analysis

Short Term Liabilities: 272's short term assets (CN¥36.3B) exceed its short term liabilities (CN¥32.8B).

Long Term Liabilities: 272's short term assets (CN¥36.3B) exceed its long term liabilities (CN¥31.9B).


Debt to Equity History and Analysis

Debt Level: 272's debt to equity ratio (92.2%) is considered high.

Reducing Debt: 272's debt to equity ratio has reduced from 102.3% to 92.2% over the past 5 years.

Debt Coverage: 272's debt is not well covered by operating cash flow (2.4%).

Interest Coverage: 272 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Shui On Land current dividend yield, its reliability and sustainability?

11.93%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 272's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 272'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 272's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 272's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 272 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 272'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?

6.2yrs

Average management tenure


CEO

Douglas Sung (53 yo)

3.83yrs

Tenure

CN¥20,307,000

Compensation

Mr. He Hau Sung, also known as Douglas, has been the Chief Financial Officer and Executive Director at Shui On Land Limited since January 4, 2016 and its Managing Director and Chief Investment Officer. Mr....


CEO Compensation Analysis

Compensation vs Market: Douglas's total compensation ($USD3.09M) is above average for companies of similar size in the Hong Kong market ($USD476.54K).

Compensation vs Earnings: Douglas's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
He Hau Sung
MD, CFO3.83yrsCN¥20.31mno data
B. Y. Lo
Executive Director2.25yrsCN¥6.13mno data
Hong Sui Lo
Executive Chairman16.75yrsno data0.023%
CN¥ 2.0m
Ka Ping Sze
Head of Investor Relationsno datano datano data
Kim Uy
Director of Legal Affairs & Company Secretaryno datano datano data
Y. LEI
Director of Corporate Development Department & Asset Management Departmentno datano datano data
K. Lee
Director of Human Resources8.5yrsno datano data
Pit Wong
Chief Economist & Director of Development Researchno datano datano data
Jessica Wang
Managing Director of Project Development & Asset Management at SOMno datano datano data

6.2yrs

Average Tenure

55yo

Average Age

Experienced Management: 272's management team is seasoned and experienced (6.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
He Hau Sung
MD, CFO3.83yrsCN¥20.31mno data
B. Y. Lo
Executive Director2.25yrsCN¥6.13mno data
Hong Sui Lo
Executive Chairman16.75yrsno data0.023%
CN¥ 2.0m
John Reginald Hartnell Bond
Independent Non-Executive Director14.17yrsCN¥352.00k0.0031%
CN¥ 269.9k
Roger Lee McCarthy
Independent Non-Executive Director14.5yrsCN¥352.00k0.0025%
CN¥ 215.9k
Anthony John Nightingale
Independent Non-Executive Director4.83yrsCN¥308.00kno data
Gary Clark Biddle
Independent Non-Executive Director14.5yrsCN¥528.00k0.0038%
CN¥ 330.0k
David John Shaw
Independent Non-Executive Director14.5yrsCN¥352.00kno data

14.3yrs

Average Tenure

72yo

Average Age

Experienced Board: 272's board of directors are seasoned and experienced ( 14.3 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

Shui On Land Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shui On Land Limited
  • Ticker: 272
  • Exchange: SEHK
  • Founded: 2004
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: HK$8.707b
  • Shares outstanding: 8.06b
  • Website: https://www.shuionland.com

Number of Employees


Location

  • Shui On Land Limited
  • Shui On Plaza
  • 26th Floor
  • Shanghai
  • Shanghai Province
  • 200021
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
272SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2006
OL5DB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 2006
SOLL.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 2006
272SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDOct 2006
272SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDOct 2006
SOLL.YOTCPK (Pink Sheets LLC)ADRUSUSDOct 2008

Biography

Shui On Land Limited, an investment holding company, develops and sells properties in the Chinese Mainland. It operates through three segments: Property Development, Property Investment, and Construction. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 10:13
End of Day Share Price2020/11/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.