SEHK:3366

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Overseas Chinese Town (Asia) Holdings

Executive Summary

Overseas Chinese Town (Asia) Holdings Limited, an investment holding company, primarily engages in the comprehensive development and the investment in the urbanization industrial ecosphere business in Mainland China and Hong Kong. More Details


Snowflake Analysis

Mediocre balance sheet and overvalued.


Similar Companies

Share Price & News

How has Overseas Chinese Town (Asia) Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3366 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.3%

3366

-2.2%

HK Real Estate

-2.8%

HK Market


1 Year Return

-34.7%

3366

-15.1%

HK Real Estate

-1.7%

HK Market

Return vs Industry: 3366 underperformed the Hong Kong Real Estate industry which returned -14.5% over the past year.

Return vs Market: 3366 underperformed the Hong Kong Market which returned 0.5% over the past year.


Shareholder returns

3366IndustryMarket
7 Day-1.3%-2.2%-2.8%
30 Day-1.9%-4.3%2.7%
90 Day-6.5%-6.4%-0.4%
1 Year-34.3%-34.7%-10.6%-15.1%2.3%-1.7%
3 Year-38.2%-48.4%-9.1%-23.4%-8.7%-18.6%
5 Year-40.6%-55.4%31.3%5.3%13.7%-5.4%

Price Volatility Vs. Market

How volatile is Overseas Chinese Town (Asia) Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Overseas Chinese Town (Asia) Holdings undervalued compared to its fair value and its price relative to the market?

0.11x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 3366 (HK$1.58) is trading above our estimate of fair value (HK$0.12)

Significantly Below Fair Value: 3366 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 3366 is unprofitable, so we can't compare its PE Ratio to the HK Real Estate industry average.

PE vs Market: 3366 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 3366's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3366 is good value based on its PB Ratio (0.1x) compared to the HK Real Estate industry average (0.4x).


Next Steps

Future Growth

How is Overseas Chinese Town (Asia) Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.1%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Overseas Chinese Town (Asia) Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Overseas Chinese Town (Asia) Holdings performed over the past 5 years?

-7.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3366 is currently unprofitable.

Growing Profit Margin: 3366 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 3366 is unprofitable, and losses have increased over the past 5 years at a rate of 7.6% per year.

Accelerating Growth: Unable to compare 3366's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 3366 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-6.4%).


Return on Equity

High ROE: 3366 has a negative Return on Equity (0.98%), as it is currently unprofitable.


Next Steps

Financial Health

How is Overseas Chinese Town (Asia) Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 3366's short term assets (CN¥12.2B) exceed its short term liabilities (CN¥6.9B).

Long Term Liabilities: 3366's short term assets (CN¥12.2B) exceed its long term liabilities (CN¥8.8B).


Debt to Equity History and Analysis

Debt Level: 3366's debt to equity ratio (85.2%) is considered high.

Reducing Debt: 3366's debt to equity ratio has reduced from 179% to 85.2% over the past 5 years.

Debt Coverage: 3366's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 3366 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Overseas Chinese Town (Asia) Holdings's current dividend yield, its reliability and sustainability?

0.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 3366's dividend (0.82%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.26%).

High Dividend: 3366's dividend (0.82%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.97%).


Stability and Growth of Payments

Stable Dividend: 3366 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.

Growing Dividend: 3366 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: 3366 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 3366'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?

5.6yrs

Average board tenure


CEO

Mei Xie (52 yo)

10.58yrs

Tenure

CN¥2,869,000

Compensation

Ms. Mei Xie is a Non-Executive Director of E-House (China) Enterprise Holdings Limited since November 30, 2018. She has been a Non-Executive Director of Yuzhou Properties Company Ltd since September 24, 20 ...


CEO Compensation Analysis

Compensation vs Market: Mei's total compensation ($USD427.30K) is above average for companies of similar size in the Hong Kong market ($USD291.97K).

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


Board Members

NamePositionTenureCompensationOwnership
Mei Xie
CEO & Executive Director10.58yrsCN¥2.87mno data
Kaihua Lin
VP & Executive Director5.58yrsCN¥2.20mno data
Zhang Dafan
Executive Chairman0.17yrno datano data
Ming He
GM & Director of Chongqing Overseas Chinese Town Property Co Ltdno datano datano data
Jingping Yuan
GM & Director of Overseas Chinese Town (Shanghai) Land Co. Ltdno datano datano data
Jun Qin
GM, Director of Xi'an Overseas Chinese Town Land Co. Ltd.no datano datano data
Wai Ling Wong
Independent Non-Executive Director13.5yrsCN¥211.00kno data
Sing Kwong Lam
Independent Non-Executive Director11.42yrsCN¥211.00k0.13%
CN¥ 1.6m
Wing Yiu Chu
Independent Non-Executive Director1.33yrsCN¥113.00kno data
Wenjin Wang
Non-Executive Director0.75yrno datano data

5.6yrs

Average Tenure

55yo

Average Age

Experienced Board: 3366's board of directors are considered experienced (5.6 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

Overseas Chinese Town (Asia) Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Overseas Chinese Town (Asia) Holdings Limited
  • Ticker: 3366
  • Exchange: SEHK
  • Founded: 1985
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: HK$1.205b
  • Shares outstanding: 748.37m
  • Website: https://www.oct-asia.com

Number of Employees


Location

  • Overseas Chinese Town (Asia) Holdings Limited
  • Bank of China Tower
  • 59th Floor
  • Hong Kong
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3366SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 2005

Biography

Overseas Chinese Town (Asia) Holdings Limited, an investment holding company, primarily engages in the comprehensive development and the investment in the urbanization industrial ecosphere business in Main ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 12:42
End of Day Share Price2020/10/30 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.