China Evergrande Group, an investment holding company, primarily engages in the property development business in the People’s Republic of China.
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Share Price & News
How has China Evergrande Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3333 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: 3333's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
7 Day Return
HK Real Estate
1 Year Return
HK Real Estate
Return vs Industry: 3333 underperformed the Hong Kong Real Estate industry which returned -18.5% over the past year.
Return vs Market: 3333 underperformed the Hong Kong Market which returned 5.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is China Evergrande Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In China Evergrande Group (HKG:3333)
4 weeks ago | Simply Wall StWhat Percentage Of China Evergrande Group (HKG:3333) Shares Do Insiders Own?
1 month ago | Simply Wall StWhy China Evergrande Group (HKG:3333) Could Be Worth Watching
China Evergrande Group Fundamentals Summary
|3333 fundamental statistics|
Is 3333 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|3333 income statement (TTM)|
|Cost of Revenue||CN¥378.55b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.21|
|Net Profit Margin||3.44%|
How did 3333 perform over the long term?See historical performance and comparison
7.1%Current Dividend Yield
Is China Evergrande Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3333 (HK$2.54) is trading below our estimate of fair value (HK$105.78)
Significantly Below Fair Value: 3333 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3333 is good value based on its PE Ratio (1.8x) compared to the Hong Kong Real Estate industry average (7.4x).
PE vs Market: 3333 is good value based on its PE Ratio (1.8x) compared to the Hong Kong market (10x).
Price to Earnings Growth Ratio
PEG Ratio: 3333 is good value based on its PEG Ratio (0.1x)
Price to Book Ratio
PB vs Industry: 3333 is good value based on its PB Ratio (0.1x) compared to the HK Real Estate industry average (0.5x).
How is China Evergrande Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3333's forecast earnings growth (30.2% per year) is above the savings rate (1.5%).
Earnings vs Market: 3333's earnings (30.2% per year) are forecast to grow faster than the Hong Kong market (17.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 3333's revenue (5.2% per year) is forecast to grow slower than the Hong Kong market (12.3% per year).
High Growth Revenue: 3333's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3333's Return on Equity is forecast to be low in 3 years time (11.4%).
How has China Evergrande Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3333 has a large one-off gain of CN¥20.3B impacting its June 30 2021 financial results.
Growing Profit Margin: 3333's current net profit margins (3.4%) are higher than last year (1.7%).
Past Earnings Growth Analysis
Earnings Trend: 3333's earnings have declined by 1.1% per year over the past 5 years.
Accelerating Growth: 3333's earnings growth over the past year (78.8%) exceeds its 5-year average (-1.1% per year).
Earnings vs Industry: 3333 earnings growth over the past year (78.8%) exceeded the Real Estate industry 23.8%.
Return on Equity
High ROE: 3333's Return on Equity (6.6%) is considered low.
How is China Evergrande Group's financial position?
Financial Position Analysis
Short Term Liabilities: 3333's short term assets (CN¥1,952.6B) exceed its short term liabilities (CN¥1,572.8B).
Long Term Liabilities: 3333's short term assets (CN¥1,952.6B) exceed its long term liabilities (CN¥393.8B).
Debt to Equity History and Analysis
Debt Level: 3333's debt to equity ratio (139.1%) is considered high.
Reducing Debt: 3333's debt to equity ratio has reduced from 210.2% to 139.1% over the past 5 years.
Debt Coverage: 3333's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: 3333's interest payments on its debt are well covered by EBIT (4.9x coverage).
What is China Evergrande Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3333's dividend (7.08%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.25%).
High Dividend: 3333's dividend (7.08%) is in the top 25% of dividend payers in the Hong Kong market (6.76%)
Stability and Growth of Payments
Stable Dividend: 3333's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3333's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.6%), 3333's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3333's dividends in 3 years are forecast to be thoroughly covered by earnings (13.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
James Xia (57 yo)
Dr. Haijun Xia, also known as James, has been the Chief Executive Officer at China Evergrande Group since June 2007 and also serves as its President and Vice Chairman. Dr. Xia has been an Executive Directo...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether James's total compensation is reasonable compared to companies of similar size in the Hong Kong market.
Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.
Experienced Management: 3333's management team is considered experienced (4.8 years average tenure).
Experienced Board: 3333's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 3333 insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
China Evergrande Group's company bio, employee growth, exchange listings and data sources
- Name: China Evergrande Group
- Ticker: 3333
- Exchange: SEHK
- Founded: 2006
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$33.531b
- Shares outstanding: 13.20b
- Website: https://www.evergrande.com
Number of Employees
- China Evergrande Group
- No.1126 Haide 3rd Road
- Nanshan District
- Guangdong Province
China Evergrande Group, an investment holding company, primarily engages in the property development business in the People’s Republic of China. It operates through four segments: Property Development, Pro...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 10:03|
|End of Day Share Price||2021/09/17 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.