Overseas Chinese Town (Asia) Holdings
Market Cap
HK$1.2b
Last Updated
2020/10/30 12:42 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. More Details
Risk Analysis
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
| 3366 | Industry | Market | |
|---|---|---|---|
| 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
3 weeks ago | Simply Wall St
Our Take On Overseas Chinese Town (Asia) Holdings' (HKG:3366) CEO Salary1 month ago | Simply Wall St
Reflecting on Overseas Chinese Town (Asia) Holdings' (HKG:3366) Share Price Returns Over The Last Five Years2 months ago | Simply Wall St
What Is The Ownership Structure Like For Overseas Chinese Town (Asia) Holdings Limited (HKG:3366)?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
- Take a look at our analysis of 3366’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Overseas Chinese Town (Asia) Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 10.58yrs | CN¥2.87m | no data | |
| VP & Executive Director | 5.58yrs | CN¥2.20m | no data | |
| Executive Chairman | 0.17yr | no data | no data | |
| GM & Director of Chongqing Overseas Chinese Town Property Co Ltd | no data | no data | no data | |
| GM & Director of Overseas Chinese Town (Shanghai) Land Co. Ltd | no data | no data | no data | |
| GM, Director of Xi'an Overseas Chinese Town Land Co. Ltd. | no data | no data | no data | |
| Independent Non-Executive Director | 13.5yrs | CN¥211.00k | no data | |
| Independent Non-Executive Director | 11.42yrs | CN¥211.00k | 0.13% CN¥ 1.6m | |
| Independent Non-Executive Director | 1.33yrs | CN¥113.00k | no data | |
| Non-Executive Director | 0.75yr | no data | no 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
| 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 | 2020/10/30 12:42 |
| End of Day Share Price | 2020/10/30 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.