| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
3377 Stock Overview
Sino-Ocean Group Holding Limited, an investment holding company, engages in the property investment and development activities in the People’s Republic of China.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$1.99 |
| 52 Week High | HK$2.04 |
| 52 Week Low | HK$1.31 |
| Beta | 1.1 |
| 1 Month Change | 9.34% |
| 3 Month Change | 14.37% |
| 1 Year Change | 13.71% |
| 3 Year Change | -45.63% |
| 5 Year Change | -41.47% |
| Change since IPO | -81.91% |
Recent News & Updates
Is Sino-Ocean Group Holding (HKG:3377) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Sino-Ocean Group Holding Limited's (HKG:3377) Intrinsic Value Is Potentially 44% Above Its Share Price
How far off is Sino-Ocean Group Holding Limited ( HKG:3377 ) from its intrinsic value? Using the most recent financial...
What Does Sino-Ocean Group Holding Limited's (HKG:3377) Share Price Indicate?
While Sino-Ocean Group Holding Limited ( HKG:3377 ) might not be the most widely known stock at the moment, it saw a...
These 4 Measures Indicate That Sino-Ocean Group Holding (HKG:3377) Is Using Debt In A Risky Way
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Shareholder Returns
| 3377 | HK Real Estate | HK Market | |
|---|---|---|---|
| 7D | -1.0% | 0.2% | 3.2% |
| 1Y | 13.7% | -22.4% | -11.9% |
Return vs Industry: 3377 exceeded the Hong Kong Real Estate industry which returned -22.4% over the past year.
Return vs Market: 3377 exceeded the Hong Kong Market which returned -11.9% over the past year.
Price Volatility
| 3377 volatility | |
|---|---|
| 3377 Average Weekly Movement | 5.2% |
| Real Estate Industry Average Movement | 5.6% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in HK Market | 13.1% |
| 10% least volatile stocks in HK Market | 3.0% |
Stable Share Price: 3377 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 3377's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 13,078 | Ming Li | https://www.sinooceangroup.com |
Sino-Ocean Group Holding Limited, an investment holding company, engages in the property investment and development activities in the People’s Republic of China. It develops residential properties; and invests in office premises, shopping malls, and commercial complexes. The company also provides property management, renovation, consultancy, land development, landscaping, and senior housing services, as well as property sales agency and upfitting services.
Sino-Ocean Group Holding Fundamentals Summary
| 3377 fundamental statistics | |
|---|---|
| Market Cap | CN¥12.33b |
| Earnings (TTM) | CN¥2.65b |
| Revenue (TTM) | CN¥57.65b |
4.6x
P/E Ratio0.2x
P/S RatioIs 3377 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 3377 income statement (TTM) | |
|---|---|
| Revenue | CN¥57.65b |
| Cost of Revenue | CN¥47.05b |
| Gross Profit | CN¥10.60b |
| Expenses | CN¥7.95b |
| Earnings | CN¥2.65b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.35 |
| Gross Margin | 18.39% |
| Net Profit Margin | 4.60% |
| Debt/Equity Ratio | 120.6% |
How did 3377 perform over the long term?
See historical performance and comparisonDividends
6.5%
Current Dividend Yield35%
Payout RatioValuation
Is Sino-Ocean Group Holding undervalued compared to its fair value and its price relative to the market?
23.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3377 (HK$1.99) is trading below our estimate of fair value (HK$2.59)
Significantly Below Fair Value: 3377 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3377 is good value based on its PE Ratio (4.6x) compared to the Hong Kong Real Estate industry average (6.7x).
PE vs Market: 3377 is good value based on its PE Ratio (4.6x) compared to the Hong Kong market (9.1x).
Price to Earnings Growth Ratio
PEG Ratio: 3377 is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: 3377 is good value based on its PB Ratio (0.2x) compared to the HK Real Estate industry average (0.4x).
Future Growth
How is Sino-Ocean Group Holding forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
2.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3377's forecast earnings growth (2.5% per year) is above the savings rate (1.5%).
Earnings vs Market: 3377's earnings (2.5% per year) are forecast to grow slower than the Hong Kong market (16.4% per year).
High Growth Earnings: 3377's earnings are forecast to grow, but not significantly.
Revenue vs Market: 3377's revenue (7.3% per year) is forecast to grow slower than the Hong Kong market (11.7% per year).
High Growth Revenue: 3377's revenue (7.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3377's Return on Equity is forecast to be low in 3 years time (4.2%).
Past Performance
How has Sino-Ocean Group Holding performed over the past 5 years?
-8.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3377 has high quality earnings.
Growing Profit Margin: 3377's current net profit margins (4.6%) are higher than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: 3377's earnings have declined by 8.8% per year over the past 5 years.
Accelerating Growth: 3377's earnings growth over the past year (32.4%) exceeds its 5-year average (-8.8% per year).
Earnings vs Industry: 3377 earnings growth over the past year (32.4%) exceeded the Real Estate industry 21.7%.
Return on Equity
High ROE: 3377's Return on Equity (6.5%) is considered low.
Financial Health
How is Sino-Ocean Group Holding's financial position?
Financial Position Analysis
Short Term Liabilities: 3377's short term assets (CN¥193.5B) exceed its short term liabilities (CN¥126.2B).
Long Term Liabilities: 3377's short term assets (CN¥193.5B) exceed its long term liabilities (CN¥69.3B).
Debt to Equity History and Analysis
Debt Level: 3377's net debt to equity ratio (74.4%) is considered high.
Reducing Debt: 3377's debt to equity ratio has increased from 91.6% to 120.6% over the past 5 years.
Debt Coverage: 3377's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: 3377's interest payments on its debt are well covered by EBIT (48.9x coverage).
Balance Sheet
Dividend
What is Sino-Ocean Group Holding current dividend yield, its reliability and sustainability?
6.51%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3377's dividend (6.51%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.36%).
High Dividend: 3377's dividend (6.51%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.96%).
Stability and Growth of Payments
Stable Dividend: 3377's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3377's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.7%), 3377's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3377's dividends in 3 years are forecast to be well covered by earnings (46.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.8yrs
Average management tenure
CEO
Ming Li (58 yo)
15.42yrs
Tenure
CN¥26,634,000
Compensation
Mr. LI Ming serves as the Chief Executive Officer of Sino-Ocean Group Holding Limited (formerly, Sino-Ocean Land Holdings Ltd.), Sino-Ocean Holding Group (China) Limited (formerly known as Sino-Ocean Land...
CEO Compensation Analysis
Compensation vs Market: Ming's total compensation ($USD4.19M) is above average for companies of similar size in the Hong Kong market ($USD481.43K).
Compensation vs Earnings: Ming's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 3377's management team is seasoned and experienced (8.8 years average tenure).
Board Members
Experienced Board: 3377's board of directors are considered experienced (4.4 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
Sino-Ocean Group Holding Limited's employee growth, exchange listings and data sources
Key Information
- Name: Sino-Ocean Group Holding Limited
- Ticker: 3377
- Exchange: SEHK
- Founded: 1993
- Industry: Real Estate Development
- Sector: Real Estate
- Implied Market Cap: HK$15.113b
- Shares outstanding: 7.59b
- Website: https://www.sinooceangroup.com
Number of Employees
Location
- Sino-Ocean Group Holding Limited
- Ocean International Center, Tower A
- 31 -33 Floor
- Beijing
- China
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 16:30 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.