3301 Stock Overview
Ronshine China Holdings Limited, an investment holding company, engages in the property development business.
Ronshine China Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$1.65|
|52 Week High||HK$4.68|
|52 Week Low||HK$1.61|
|1 Month Change||-18.72%|
|3 Month Change||-36.29%|
|1 Year Change||-62.33%|
|3 Year Change||-83.42%|
|5 Year Change||-78.79%|
|Change since IPO||-70.64%|
Recent News & Updates
Is Ronshine China Holdings Limited (HKG:3301) Trading At A 48% Discount?
In this article we are going to estimate the intrinsic value of Ronshine China Holdings Limited ( HKG:3301 ) by taking...
|3301||HK Real Estate||HK Market|
Return vs Industry: 3301 underperformed the Hong Kong Real Estate industry which returned -31.6% over the past year.
Return vs Market: 3301 underperformed the Hong Kong Market which returned -20.6% over the past year.
|3301 Average Weekly Movement||10.2%|
|Real Estate Industry Average Movement||6.1%|
|Market Average Movement||6.9%|
|10% most volatile stocks in HK Market||13.7%|
|10% least volatile stocks in HK Market||3.3%|
Stable Share Price: 3301 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 3301's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
Ronshine China Holdings Limited, an investment holding company, engages in the property development business. It is involved in the development of mid-to high-end residential properties and commercial properties in cities in the Western Coast of the Straits, Yangtze River Delta, and selected first and second-tier cities in the People’s Republic of China. The company was formerly known as Ronshine China Holdings Limited.
Ronshine China Holdings Fundamentals Summary
|3301 fundamental statistics|
Is 3301 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|3301 income statement (TTM)|
|Cost of Revenue||CN¥29.66b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.77|
|Net Profit Margin||3.89%|
How did 3301 perform over the long term?See historical performance and comparison
Is 3301 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3301?
Other financial metrics that can be useful for relative valuation.
|What is 3301's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 3301's PE Ratio compare to its peers?
|3301 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
563 Shanghai Industrial Urban Development Group
1628 Yuzhou Group Holdings
1098 Road King Infrastructure
258 Tomson Group
3301 Ronshine China Holdings
Price-To-Earnings vs Peers: 3301 is good value based on its Price-To-Earnings Ratio (1.8x) compared to the peer average (6.5x).
Price to Earnings Ratio vs Industry
How does 3301's PE Ratio compare vs other companies in the HK Real Estate Industry?
Price-To-Earnings vs Industry: 3301 is good value based on its Price-To-Earnings Ratio (1.8x) compared to the Hong Kong Real Estate industry average (6.5x)
Price to Earnings Ratio vs Fair Ratio
What is 3301's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||1.8x|
|Fair PE Ratio||6.1x|
Price-To-Earnings vs Fair Ratio: 3301 is good value based on its Price-To-Earnings Ratio (1.8x) compared to the estimated Fair Price-To-Earnings Ratio (6.1x).
Share Price vs Fair Value
What is the Fair Price of 3301 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3301 (HK$1.65) is trading below our estimate of fair value (HK$13.81)
Significantly Below Fair Value: 3301 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 3301 is good value based on its PEG Ratio (0.1x)
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How is Ronshine China Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3301's forecast earnings growth (27.2% per year) is above the savings rate (1.6%).
Earnings vs Market: 3301's earnings (27.2% per year) are forecast to grow faster than the Hong Kong market (16.5% per year).
High Growth Earnings: 3301's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 3301's revenue (28% per year) is forecast to grow faster than the Hong Kong market (10.1% per year).
High Growth Revenue: 3301's revenue (28% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3301's Return on Equity is forecast to be low in 3 years time (8%).
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How has Ronshine China Holdings performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3301 has a large one-off gain of CN¥707.5M impacting its December 31 2021 financial results.
Growing Profit Margin: 3301's current net profit margins (3.9%) are lower than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: 3301's earnings have grown by 6.7% per year over the past 5 years.
Accelerating Growth: 3301's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3301 had negative earnings growth (-46.7%) over the past year, making it difficult to compare to the Real Estate industry average (15.4%).
Return on Equity
High ROE: 3301's Return on Equity (3.3%) is considered low.
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How is Ronshine China Holdings's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 3301's short term assets (CN¥217.9B) exceed its short term liabilities (CN¥157.3B).
Long Term Liabilities: 3301's short term assets (CN¥217.9B) exceed its long term liabilities (CN¥35.9B).
Debt to Equity History and Analysis
Debt Level: 3301's net debt to equity ratio (78.4%) is considered high.
Reducing Debt: 3301's debt to equity ratio has reduced from 171.5% to 109% over the past 5 years.
Debt Coverage: 3301's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: 3301 earns more interest than it pays, so coverage of interest payments is not a concern.
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What is Ronshine China Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 3301's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 3301'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 3301's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 3301's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: 3301 is not paying a notable dividend for the Hong Kong market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 3301 has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Zonghong Ou (53 yo)
Mr. Zonghong Ou has been Chief Executive Officer of Ronshine China Holdings Limited since December 15, 2014. Mr. Ou has been Executive Chairman of the board at Ronshine Service Holding Co., Ltd. since Sept...
CEO Compensation Analysis
Compensation vs Market: Zonghong's total compensation ($USD437.74K) is about average for companies of similar size in the Hong Kong market ($USD385.32K).
Compensation vs Earnings: Zonghong's compensation has been consistent with company performance over the past year.
Experienced Management: 3301's management team is considered experienced (3.7 years average tenure).
Experienced Board: 3301's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 3301 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ronshine China Holdings Limited's employee growth, exchange listings and data sources
- Name: Ronshine China Holdings Limited
- Ticker: 3301
- Exchange: SEHK
- Founded: 2003
- Industry: Real Estate Development
- Sector: Real Estate
- Implied Market Cap: HK$2.744b
- Shares outstanding: 1.68b
- Website: https://www.rongxingroup.com
Number of Employees
- Ronshine China Holdings Limited
- Tower 2
- Ronshine Sunkwan Center
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/05 00:00|
|End of Day Share Price||2022/07/05 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.