SEHK:3639

Stock Analysis Report

Executive Summary

Yida China Holdings Limited, an investment holding company, develops and operates business parks in the People’s Republic of China.


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Yida China Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3639 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

3639

5.4%

HK Real Estate

4.0%

HK Market


1 Year Return

-7.3%

3639

-26.2%

HK Real Estate

-20.1%

HK Market

Return vs Industry: 3639 exceeded the Hong Kong Real Estate industry which returned -26.2% over the past year.

Return vs Market: 3639 exceeded the Hong Kong Market which returned -20.1% over the past year.


Shareholder returns

3639IndustryMarket
7 Day0%5.4%4.0%
30 Day-0.5%-13.4%-11.3%
90 Day-0.5%-18.9%-15.6%
1 Year-7.3%-7.3%-22.8%-26.2%-17.2%-20.1%
3 Year17.8%11.9%15.5%3.0%-2.9%-12.7%
5 Year-10.9%-21.4%33.9%11.1%-6.8%-21.8%

Price Volatility Vs. Market

How volatile is Yida China Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Yida China Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3639 (HK$2.17) is trading below our estimate of fair value (HK$24.91)

Significantly Below Fair Value: 3639 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3639 is poor value based on its PE Ratio (7.7x) compared to the Real Estate industry average (6.3x).

PE vs Market: 3639 is good value based on its PE Ratio (7.7x) compared to the Hong Kong market (9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3639's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3639 is overvalued based on its PB Ratio (0.4x) compared to the HK Real Estate industry average (0.4x).


Next Steps

Future Growth

How is Yida China Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.7%

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 Yida China 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 Yida China Holdings performed over the past 5 years?

-1.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3639 has high quality earnings.

Growing Profit Margin: 3639's current net profit margins (8.9%) are lower than last year (19.4%).


Past Earnings Growth Analysis

Earnings Trend: 3639's earnings have declined by -1.1% per year over the past 5 years.

Accelerating Growth: 3639's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 3639 had negative earnings growth (-46.1%) over the past year, making it difficult to compare to the Real Estate industry average (-2.9%).


Return on Equity

High ROE: 3639's Return on Equity (5.2%) is considered low.


Next Steps

Financial Health

How is Yida China Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 3639's short term assets (CN¥19.2B) do not cover its short term liabilities (CN¥25.1B).

Long Term Liabilities: 3639's short term assets (CN¥19.2B) exceed its long term liabilities (CN¥5.9B).


Debt to Equity History and Analysis

Debt Level: 3639's debt to equity ratio (120%) is considered high.

Reducing Debt: 3639's debt to equity ratio has reduced from 193.5% to 120% over the past 5 years.

Debt Coverage: 3639's debt is well covered by operating cash flow (35.3%).

Interest Coverage: 3639's interest payments on its debt are well covered by EBIT (3.4x coverage).


Balance Sheet

Inventory Level: 3639 has a high level of physical assets or inventory.

Debt Coverage by Assets: 3639's debt is covered by short term assets (assets are 1.3x debt).


Next Steps

Dividend

What is Yida China Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3639's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 3639's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 3639's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3639's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 3639 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 3639'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?

3.8yrs

Average management tenure


CEO

Xiuwen Jiang (42yo)

3.25s

Tenure

CN¥3,968,000

Compensation

Mr. Xiuwen Jiang has been Chairman, Executive Director, CEO of Yida China Holdings Limited since June 22, 2018, since December 16, 2013 and since December 31,2016 respectively. Mr. Jiang is primarily respo ...


CEO Compensation Analysis

Compensation vs Market: Xiuwen's total compensation ($USD559.20K) is about average for companies of similar size in the Hong Kong market ($USD493.10K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Xiuwen Jiang
Chairman & CEO3.25yrsCN¥3.97mno data
Donghui Chen
Executive Director (Leave of Absence)3.25yrsCN¥54.00kno data
Xiaohua Zheng
VP & Executive Director1.75yrsCN¥2.02mno data
Shiping Yu
VP & Executive Director2.5yrsCN¥2.73mno data
Beinan Xu
CFO & Executive Director1yrno datano data
Huiting Wang
Joint Company Secretary4.25yrsno datano data
Yin Ping Kwong
Joint Company Secretary4.25yrsno datano data

3.8yrs

Average Tenure

46yo

Average Age

Experienced Management: 3639's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Xiuwen Jiang
Chairman & CEO3.25yrsCN¥3.97mno data
Donghui Chen
Executive Director (Leave of Absence)3.25yrsCN¥54.00kno data
Xiaohua Zheng
VP & Executive Director1.75yrsCN¥2.02mno data
Shiping Yu
VP & Executive Director2.5yrsCN¥2.73mno data
Beinan Xu
CFO & Executive Director1yrno datano data
Wai Ming Yip
Independent Non-Executive Director5.75yrsCN¥300.00kno data
Yinping Wang
Independent Non-Executive Director3.25yrsCN¥300.00kno data
Gensheng Han
Independent Non-Executive Director3.25yrsCN¥300.00kno data
Gang Wang
Non-Executive Director2yrsCN¥41.00kno data
Shaomu Guo
Independent Non-Executive Director5.75yrsCN¥300.00kno data

2.9yrs

Average Tenure

49.5yo

Average Age

Experienced Board: 3639's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


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

Yida China Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Yida China Holdings Limited
  • Ticker: 3639
  • Exchange: SEHK
  • Founded: 1988
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: HK$5.607b
  • Shares outstanding: 2.58b
  • Website: https://www.yidachina.com.cn

Number of Employees


Location

  • Yida China Holdings Limited
  • People’s Insurance Mansion
  • 5th Fllor
  • Shanghai
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3639SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 2014
YC2DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 2014

Biography

Yida China Holdings Limited, an investment holding company, develops and operates business parks in the People’s Republic of China. The company's Property Development segment develops and sells properties. Its Property Investment segment invests in and rents properties. The company's Business Park Operation and Management segment provides operation and management services to the business park projects owned by the local governments or other independent third parties. Its Construction, Decoration and Landscaping segment engages in property construction business; and the provision of interior decoration services to property buyers, as well as landscaping services to property projects. The company’s Property Management segment provides management services to properties. Yida China Holdings Limited's property portfolio includes multifunctional integrated residential community projects, office properties, and residential properties. Yida China Holdings Limited was founded in 1988 and is headquartered in Shanghai, the People’s Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 13:13
End of Day Share Price2020/03/27 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.