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337

Greenland Hong Kong Holdings SEHK:337 Stock Report

Last Price

HK$1.61

Market Cap

HK$4.5b

7D

3.2%

1Y

-35.6%

Updated

29 Jun, 2022

Data

Company Financials
337 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends4/6

337 Stock Overview

Greenland Hong Kong Holdings Limited, an investment holding company, engages in the property development, property and hotel investment, and property management businesses in the People’s Republic of China.

Greenland Hong Kong Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Greenland Hong Kong Holdings
Historical stock prices
Current Share PriceHK$1.61
52 Week HighHK$2.55
52 Week LowHK$1.01
Beta0.84
1 Month Change6.62%
3 Month Change-9.04%
1 Year Change-35.60%
3 Year Change-47.21%
5 Year Change-43.31%
Change since IPO-67.45%

Recent News & Updates

Shareholder Returns

337HK Real EstateHK Market
7D3.2%4.3%3.1%
1Y-35.6%-31.8%-21.2%

Return vs Industry: 337 underperformed the Hong Kong Real Estate industry which returned -32.4% over the past year.

Return vs Market: 337 underperformed the Hong Kong Market which returned -20.1% over the past year.

Price Volatility

Is 337's price volatile compared to industry and market?
337 volatility
337 Average Weekly Movement6.3%
Real Estate Industry Average Movement6.3%
Market Average Movement6.9%
10% most volatile stocks in HK Market13.7%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 337 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 337's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19924,007Jun Chenhttps://www.greenlandhk.com

Greenland Hong Kong Holdings Limited, an investment holding company, engages in the property development, property and hotel investment, and property management businesses in the People’s Republic of China. It operates through four segments: Sales of Properties and Construction Management Service; Lease of Properties; Hotel and Related Services; and Property Management and Other Services. The Sales of Properties and Construction Management Service segment develops and sells residential properties, as well as provides construction management services.

Greenland Hong Kong Holdings Fundamentals Summary

How do Greenland Hong Kong Holdings's earnings and revenue compare to its market cap?
337 fundamental statistics
Market CapCN¥3.84b
Earnings (TTM)CN¥2.16b
Revenue (TTM)CN¥33.93b

1.8x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
337 income statement (TTM)
RevenueCN¥33.93b
Cost of RevenueCN¥25.46b
Gross ProfitCN¥8.47b
Other ExpensesCN¥6.31b
EarningsCN¥2.16b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.77
Gross Margin24.96%
Net Profit Margin6.35%
Debt/Equity Ratio83.6%

How did 337 perform over the long term?

See historical performance and comparison

Dividends

18.5%

Current Dividend Yield

31%

Payout Ratio

Does 337 pay a reliable dividends?

See 337 dividend history and benchmarks
When do you need to buy 337 by to receive an upcoming dividend?
Greenland Hong Kong Holdings dividend dates
Ex Dividend DateJul 06 2022
Dividend Pay DateJul 29 2022
Days until Ex dividend6 days
Days until Dividend pay date29 days

Does 337 pay a reliable dividends?

See 337 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is 337 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 337?

Other financial metrics that can be useful for relative valuation.

337 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.8x
Enterprise Value/EBITDA4.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 337's PE Ratio compare to its peers?

337 PE Ratio vs Peers
The above table shows the PE ratio for 337 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average3.2x
1966 China SCE Group Holdings
1.3x4.4%HK$4.6b
2772 Zhongliang Holdings Group
1.6x6.2%HK$5.1b
2117 Datang Group Holdings
5.8xn/aHK$5.0b
9982 Central China Management
4.3x11.9%HK$3.8b
337 Greenland Hong Kong Holdings
1.8xn/aHK$4.5b

Price-To-Earnings vs Peers: 337 is good value based on its Price-To-Earnings Ratio (1.8x) compared to the peer average (3.2x).


Price to Earnings Ratio vs Industry

How does 337's PE Ratio compare vs other companies in the HK Real Estate Industry?

Price-To-Earnings vs Industry: 337 is good value based on its Price-To-Earnings Ratio (1.8x) compared to the Hong Kong Real Estate industry average (6.7x)


Price to Earnings Ratio vs Fair Ratio

What is 337'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.

337 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio1.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 337's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 337 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 337 (HK$1.61) is trading below our estimate of fair value (HK$87.16)

Significantly Below Fair Value: 337 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 337's PEG Ratio to determine if it is good value.


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Future Growth

How is Greenland Hong Kong Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.2%

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 Greenland Hong Kong 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.


Discover growth companies

  • Examine whether Greenland Hong Kong Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Greenland Hong Kong Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Greenland Hong Kong Holdings performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


22.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 337 has high quality earnings.

Growing Profit Margin: 337's current net profit margins (6.4%) are lower than last year (7.7%).


Past Earnings Growth Analysis

Earnings Trend: 337's earnings have grown significantly by 22.1% per year over the past 5 years.

Accelerating Growth: 337's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 337 had negative earnings growth (-17.4%) over the past year, making it difficult to compare to the Real Estate industry average (11.4%).


Return on Equity

High ROE: 337's Return on Equity (10.3%) is considered low.


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Financial Health

How is Greenland Hong Kong Holdings's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 337's short term assets (CN¥147.5B) exceed its short term liabilities (CN¥132.5B).

Long Term Liabilities: 337's short term assets (CN¥147.5B) exceed its long term liabilities (CN¥12.7B).


Debt to Equity History and Analysis

Debt Level: 337's net debt to equity ratio (52.1%) is considered high.

Reducing Debt: 337's debt to equity ratio has reduced from 180.4% to 83.6% over the past 5 years.

Debt Coverage: 337's debt is well covered by operating cash flow (57.3%).

Interest Coverage: 337's interest payments on its debt are well covered by EBIT (41.4x coverage).


Balance Sheet


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Dividend

What is Greenland Hong Kong Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


18.49%

Current Dividend Yield

Upcoming Dividend Payment

TodayJun 30 2022Ex Dividend DateJul 06 2022Dividend Pay DateJul 29 202223 days from Ex DividendBuy in the next 6 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 337's dividend (18.49%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.7%).

High Dividend: 337's dividend (18.49%) is in the top 25% of dividend payers in the Hong Kong market (7.69%)


Stability and Growth of Payments

Stable Dividend: 337 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 337's dividend payments have increased, but the company has only paid a dividend for 8 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (31.4%), 337's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (6.4%), 337's dividend payments are thoroughly covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

8.8yrs

Average management tenure


CEO

Jun Chen (42 yo)

8.83yrs

Tenure

CN¥7,495,000

Compensation

Mr. Jun Chen is an Executive Director, Chairman of the Board and Chief Executive Officer of Greenland Hong Kong Holdings Limited and served as its Chief Administrative President. He is responsible for the...


CEO Compensation Analysis

Compensation vs Market: Jun's total compensation ($USD1.12M) is above average for companies of similar size in the Hong Kong market ($USD370.61K).

Compensation vs Earnings: Jun's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 337's management team is seasoned and experienced (8.8 years average tenure).


Board Members

Experienced Board: 337's board of directors are considered experienced (8.8 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

Greenland Hong Kong Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Greenland Hong Kong Holdings Limited
  • Ticker: 337
  • Exchange: SEHK
  • Founded: 1992
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Implied Market Cap: HK$4.495b
  • Shares outstanding: 2.79b
  • Website: https://www.greenlandhk.com

Number of Employees


Location

  • Greenland Hong Kong Holdings Limited
  • No. 193, Xiehe Road
  • Changning District
  • Shanghai
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.