Overseas Chinese Town (Asia) Holdings
Market Cap
HK$1.9b
Last Updated
2019/10/14 12:40 UTC
Data Sources
Company Financials
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.
Snowflake
Fundamentals
Average dividend payer and fair value.
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
Market Performance
7 Day Return
1.5%
3366
1.9%
HK Real Estate
2.2%
HK Market
1 Year Return
6.0%
3366
6.9%
HK Real Estate
-1.3%
HK Market
Return vs Industry: 3366 matched the Hong Kong Real Estate industry which returned 6.9% over the past year.
Return vs Market: 3366 exceeded the Hong Kong Market which returned -1.3% over the past year.
Share holder returns
| 3366 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.5% | 1.9% | 2.2% |
| 30 Day | 9.5% | -1.9% | -2.9% |
| 90 Day | -9.0% | -11.3% | -5.8% |
| 1 Year | 14.1%6.0% | 11.0%6.9% | 2.3%-1.3% |
| 3 Year | 15.9%-7.7% | 37.6%23.3% | 15.6%3.9% |
| 5 Year | 25.7%-8.3% | 59.6%34.0% | 20.1%0.06% |
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
1 week ago | Simply Wall St
Would Overseas Chinese Town (Asia) Holdings Limited (HKG:3366) Be Valuable To Income Investors?3 weeks ago | Simply Wall St
Do Institutions Own Shares In Overseas Chinese Town (Asia) Holdings Limited (HKG:3366)?1 month ago | Simply Wall St
Calculating The Intrinsic Value Of Overseas Chinese Town (Asia) Holdings Limited (HKG:3366)Valuation
Is Overseas Chinese Town (Asia) Holdings undervalued based on future cash flows and its price relative to the stock market?
3.74x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Undervalued: 3366 (HK$2.64) is trading above our estimate of fair value (HK$2.43)
Significantly Undervalued: 3366 is trading above our estimate of fair value.
Price Based on Earnings
PE vs Industry: 3366 is good value based on its PE Ratio (3.7x) compared to the Real Estate industry average (6.1x).
PE vs Market: 3366 is good value based on its PE Ratio (3.7x) compared to the Hong Kong market (10.3x).
Price Based on Expected Growth
Low PEG Ratio: Insufficient data to calculate 3366's PEG Ratio to determine if it is good value.
Price Based on Value of Assets
PB vs Industry: 3366 is good value based on its PB Ratio (0.2x) compared to the HK Real Estate industry average (0.5x).
Next Steps
Future Growth
How is Overseas Chinese Town (Asia) Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
16.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Earnings vs Savings Rate: 3366's forecast earnings growth (16.3% per year) is above the savings rate (2%).
Earnings vs Market: 3366's earnings (16.3% per year) are forecast to grow faster than the Hong Kong market (11.2% per year).
High Growth Earnings: 3366's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if 3366's revenue is forecast to grow faster than the Hong Kong market.
High Growth Revenue: Insufficient data to determine if 3366's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Estimates
Future Return on Equity
High Future ROE: Insufficient data to determine if 3366's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Overseas Chinese Town (Asia) Holdings performed over the past 5 years?
20.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 3366's earnings have grown significantly by 20.3% per year over the past 5 years.
Accelerating Growth: 3366's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3366 had negative earnings growth (-48.8%) over the past year, making it difficult to compare to the Real Estate industry average (-12.4%).
Return on Equity
High ROE: 3366's Return on Equity (6%) is considered low.
Return on Assets
ROA vs Industry: 3366's Return on Assets is below or equal to the Real Estate industry average last year.
Return on Capital Employed
ROCE Improving: 3366 is currently unprofitable, so its Return on Capital Employed is negative.
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¥11.1B) exceeds its short term liabilities (CN¥10.7B)
Long Term Liabilities: 3366's short term assets (11.1B) exceeds its long term liabilities (1.6B)
Debt to Equity History and Analysis
Debt Level: 3366's debt to equity ratio (66.7%) is considered high
Reducing Debt: 3366's debt to equity ratio has reduced from 164.2% to 66.7% over the past 5 years.
Debt Coverage: 3366's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 3366's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: 3366 has a high level of physical assets or inventory.
Debt Coverage by Assets: 3366's debt is covered by short term assets (assets are 1.288430x debt).
Next Steps
Dividend
What is Overseas Chinese Town (Asia) Holdings's current dividend yield, its reliability and sustainability?
8.08%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Dividend Yield and Payments Analysis
Notable Dividend: 3366's dividend (8.08%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.25%).
High Dividend: 3366's dividend (8.08%) is in the top 25% of dividend payers in the Hong Kong market (6.35%)
Stable Dividend: 3366's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3366's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.2%), 3366's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Overseas Chinese Town (Asia) Holdings's salary, the management and board of directors tenure and is there insider trading?
7.5yrs
Average board tenure
CEO
Mei Xie (51yo)
9.6yrs
Tenure
CN¥2,659,000
Compensation
Ms. Mei Xie is a Non-Executive Director of E-House (China) Enterprise Holdings Limited since November 30, 2018. Ms. Xie has been a Non-Executive Director of Yuzhou Properties Company Ltd since September 24 ...
CEO Compensation Analysis
Compensation vs. Market: Mei's total compensation ($USD375.14K) is about average for companies of similar size in the Hong Kong market ($USD281.87K).
Compensation vs Earnings: Mei's compensation has been consistent with company performance over the past year.
Board Age and Tenure
7.5yrs
Average Tenure
52yo
Average Age
Experienced Board: 3366's board of directors are considered experienced (7.5 years average tenure).
Insider Trading
Insider Buying: 3366 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 180,000 |
| Max Price | CN¥2.90 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 320,000 |
| Max Price | CN¥2.89 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 166,000 |
| Max Price | CN¥2.90 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 204,000 |
| Max Price | CN¥2.91 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 130,000 |
| Max Price | CN¥2.90 |
Ownership Breakdown
Management Team
Mei Xie (51yo)
CEO & Executive Director
- Tenure: 9.6yrs
- Compensation: CN¥2.66m
Fuk Wai Fong (56yo)
CFO, Company Secretary & Accountant
- Tenure: 0yrs
Haibin He (45yo)
Chairman of the Board & Senior Accountant
- Tenure: 2.4yrs
Zhang Dafan (52yo)
GM & Director of Chengdu Overseas Chinese Town Land Co. Ltd
- Tenure: 0yrs
Ming He (48yo)
GM & Director of Chongqing Overseas Chinese Town Property Co Ltd
- Tenure: 0yrs
Jingping Yuan (54yo)
GM & Director of Overseas Chinese Town (Shanghai) Land Co. Ltd
- Tenure: 0yrs
Kaihua Lin (52yo)
VP & Executive Director
- Tenure: 4.6yrs
- Compensation: CN¥2.09m
Jun Qin (56yo)
GM, Director of Xi'an Overseas Chinese Town Land Co. Ltd.
- Tenure: 0yrs
Board Members
Wai Ling Wong (58yo)
Independent Non-Executive Director
- Tenure: 12.5yrs
- Compensation: CN¥142.00k
Mei Xie (51yo)
CEO & Executive Director
- Tenure: 9.6yrs
- Compensation: CN¥2.66m
Simon Lam (60yo)
Independent Non-Executive Director
- Tenure: 10.4yrs
- Compensation: CN¥142.00k
Haibin He (45yo)
Chairman of the Board & Senior Accountant
- Tenure: 2.4yrs
Zhang Dafan (52yo)
GM & Director of Chengdu Overseas Chinese Town Land Co. Ltd
- Tenure: 0yrs
Ming He (48yo)
GM & Director of Chongqing Overseas Chinese Town Property Co Ltd
- Tenure: 0yrs
Jingping Yuan (54yo)
GM & Director of Overseas Chinese Town (Shanghai) Land Co. Ltd
- Tenure: 0yrs
Kaihua Lin (52yo)
VP & Executive Director
- Tenure: 4.6yrs
- Compensation: CN¥2.09m
Jun Qin (56yo)
GM, Director of Xi'an Overseas Chinese Town Land Co. Ltd.
- Tenure: 0yrs
Jing Zhang (36yo)
Non Executive Director
- Tenure: 2.6yrs
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$1.946b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 3366 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Nov 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/14 12:40 |
| 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.