Wing Tai Properties Limited, an investment holding company, invests in, develops, and manages properties in Hong Kong, the People’s Republic of China, the United Kingdom, Singapore, and internationally. More Details
High growth potential average dividend payer.
Share Price & News
How has Wing Tai Properties's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 369 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 369's weekly volatility (4%) has been stable over the past year.
7 Day Return
HK Real Estate
1 Year Return
HK Real Estate
Return vs Industry: 369 underperformed the Hong Kong Real Estate industry which returned -8.1% over the past year.
Return vs Market: 369 underperformed the Hong Kong Market which returned 7.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Wing Tai Properties's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Wing Tai Properties Limited (HKG:369) An Attractive Dividend Stock?
1 month ago | Simply Wall StHow Much Did Wing Tai Properties'(HKG:369) Shareholders Earn From Share Price Movements Over The Last Three Years?
1 month ago | Simply Wall StWing Tai Properties (HKG:369) Has A Pretty Healthy Balance Sheet
Is Wing Tai Properties undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 369 (HK$3.64) is trading below our estimate of fair value (HK$21.25)
Significantly Below Fair Value: 369 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 369 is unprofitable, so we can't compare its PE Ratio to the HK Real Estate industry average.
PE vs Market: 369 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 369's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 369 is good value based on its PB Ratio (0.2x) compared to the HK Real Estate industry average (0.4x).
How is Wing Tai Properties forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 369 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).
Earnings vs Market: 369 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 369's is expected to become profitable in the next 3 years.
Revenue vs Market: 369's revenue (33.7% per year) is forecast to grow faster than the Hong Kong market (13.7% per year).
High Growth Revenue: 369's revenue (33.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 369's Return on Equity is forecast to be high in 3 years time
How has Wing Tai Properties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 369 is currently unprofitable.
Growing Profit Margin: 369 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 369 is unprofitable, and losses have increased over the past 5 years at a rate of 14.2% per year.
Accelerating Growth: Unable to compare 369's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 369 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-0.6%).
Return on Equity
High ROE: 369 has a negative Return on Equity (-1.43%), as it is currently unprofitable.
How is Wing Tai Properties's financial position?
Financial Position Analysis
Short Term Liabilities: 369's short term assets (HK$8.8B) exceed its short term liabilities (HK$2.9B).
Long Term Liabilities: 369's short term assets (HK$8.8B) exceed its long term liabilities (HK$5.3B).
Debt to Equity History and Analysis
Debt Level: 369's debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: 369's debt to equity ratio has increased from 17.6% to 18.2% over the past 5 years.
Debt Coverage: 369's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: 369 is unprofitable, therefore interest payments are not well covered by earnings.
What is Wing Tai Properties's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 369's dividend (7.42%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.23%).
High Dividend: 369's dividend (7.42%) is in the top 25% of dividend payers in the Hong Kong market (6.58%)
Stability and Growth of Payments
Stable Dividend: 369's dividends per share have been stable in the past 10 years.
Growing Dividend: 369's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: 369 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Edward Cheng (64 yo)
Mr. Wai Sun Cheng, also known as Edward, G.B.S., J.P. has been the Chief Executive Officer of Wing Tai Properties Limited (formerly, USI Holdings Limited) since 1994. Mr. Cheng has been an Executive Direct...
CEO Compensation Analysis
Compensation vs Market: Edward's total compensation ($USD2.98M) is above average for companies of similar size in the Hong Kong market ($USD476.54K).
Compensation vs Earnings: Edward's compensation has increased whilst the company is unprofitable.
|Executive Chairman||29.25yrs||no data||1.04% |
|Deputy Chairman & Chief Executive||26.83yrs||no data||0.89% |
|MD of Group Property Investment & Management Division and Executive Director||13.25yrs||no data||0.078% |
|MD of Group Property Division & Executive Director||5.83yrs||no data||0.087% |
|Executive Director||29.25yrs||HK$25.00k||no data|
|Director & CEO of Lanson Place Hospitality Management Limited||no data||no data||no data|
|Independent Non-Executive Director||26.67yrs||HK$368.00k||no data|
|Non-Executive Director||29.25yrs||HK$75.00k||no data|
|Independent Non-Executive Director||7.75yrs||HK$368.00k||no data|
|Non-Executive Director||9.58yrs||HK$75.00k||0.12% |
|Non-Executive Director||18.17yrs||HK$75.00k||no data|
|Independent Non-Executive Director||16.17yrs||HK$433.00k||no data|
Experienced Board: 369's board of directors are seasoned and experienced ( 16.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Wing Tai Properties Limited's company bio, employee growth, exchange listings and data sources
- Name: Wing Tai Properties Limited
- Ticker: 369
- Exchange: SEHK
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: HK$4.930b
- Shares outstanding: 1.35b
- Website: https://www.wingtaiproperties.com
Number of Employees
- Wing Tai Properties Limited
- AIA Kowloon Tower
- 27th Floor
- Kwun Tong
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|USH||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|369||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
Wing Tai Properties Limited, an investment holding company, invests in, develops, and manages properties in Hong Kong, the People’s Republic of China, the United Kingdom, Singapore, and internationally. Th...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 10:12|
|End of Day Share Price||2020/11/26 00:00|
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.