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3883

China Aoyuan GroupSEHK:3883 Stock Report

Last Price

HK$1.58

Market Cap

HK$4.7b

7D

-4.8%

1Y

-80.8%

Updated

19 Jan, 2022

Data

Company Financials +
3883 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance3/6
Financial Health3/6
Dividends6/6

3883 Stock Overview

China Aoyuan Group Limited engages in the development of commercial real estate properties in Mainland China, Hong Kong, Australia, and Canada.

China Aoyuan Group Competitors

Sunac China Holdings

SEHK:1918

HK$47.3b

CIFI Holdings (Group)

SEHK:884

HK$45.3b

Seazen Group

SEHK:1030

HK$34.3b

Logan Group

SEHK:3380

HK$33.4b

Price History & Performance

Summary of all time highs, changes and price drops for China Aoyuan Group
Historical stock prices
Current Share PriceHK$1.58
52 Week HighHK$9.34
52 Week LowHK$1.29
Beta1.45
1 Month Change4.64%
3 Month Change-54.34%
1 Year Change-80.76%
3 Year Change-71.17%
5 Year Change-10.23%
Change since IPO-76.77%

Recent News & Updates

Jan 10
What Does China Aoyuan Group Limited's (HKG:3883) Share Price Indicate?

What Does China Aoyuan Group Limited's (HKG:3883) Share Price Indicate?

China Aoyuan Group Limited ( HKG:3883 ), might not be a large cap stock, but it led the SEHK gainers with a relatively...

Sep 27
What Does China Aoyuan Group Limited's (HKG:3883) Share Price Indicate?

What Does China Aoyuan Group Limited's (HKG:3883) Share Price Indicate?

China Aoyuan Group Limited ( HKG:3883 ), might not be a large cap stock, but it saw a decent share price growth in the...

Jun 25
What Does China Aoyuan Group Limited's (HKG:3883) Share Price Indicate?

What Does China Aoyuan Group Limited's (HKG:3883) Share Price Indicate?

China Aoyuan Group Limited ( HKG:3883 ), might not be a large cap stock, but it received a lot of attention from a...

Shareholder Returns

3883HK Real EstateHK Market
7D-4.8%-3.1%0.3%
1Y-80.8%-27.8%-16.0%

Return vs Industry: 3883 underperformed the Hong Kong Real Estate industry which returned -27.8% over the past year.

Return vs Market: 3883 underperformed the Hong Kong Market which returned -16% over the past year.

Price Volatility

Is 3883's price volatile compared to industry and market?
3883 volatility
3883 Average Weekly Movement14.2%
Real Estate Industry Average Movement5.6%
Market Average Movement6.7%
10% most volatile stocks in HK Market13.2%
10% least volatile stocks in HK Market3.1%

Stable Share Price: 3883 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: 3883's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
199622,889Zi Ning Guohttps://www.aoyuan.com.cn

China Aoyuan Group Limited engages in the development of commercial real estate properties in Mainland China, Hong Kong, Australia, and Canada. The company operates through Property Development, Property Investment, and Others segments. It also acquires and develops various real estate projects; and develops and operates cultural tourism, hotel management, sports development, and resort projects.

China Aoyuan Group Fundamentals Summary

How do China Aoyuan Group's earnings and revenue compare to its market cap?
3883 fundamental statistics
Market CapCN¥3.82b
Earnings (TTM)CN¥5.58b
Revenue (TTM)CN¥72.06b

0.7x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
3883 income statement (TTM)
RevenueCN¥72.06b
Cost of RevenueCN¥56.43b
Gross ProfitCN¥15.63b
ExpensesCN¥10.05b
EarningsCN¥5.58b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.88
Gross Margin21.69%
Net Profit Margin7.74%
Debt/Equity Ratio211.2%

How did 3883 perform over the long term?

See historical performance and comparison

Dividends

51.2%

Current Dividend Yield

32%

Payout Ratio

Valuation

Is China Aoyuan Group 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: 3883 (HK$1.58) is trading below our estimate of fair value (HK$102.59)

Significantly Below Fair Value: 3883 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3883 is good value based on its PE Ratio (0.7x) compared to the Hong Kong Real Estate industry average (6.6x).

PE vs Market: 3883 is good value based on its PE Ratio (0.7x) compared to the Hong Kong market (9.1x).


Price to Earnings Growth Ratio

PEG Ratio: 3883 is good value based on its PEG Ratio (0.1x)


Price to Book Ratio

PB vs Industry: 3883 is good value based on its PB Ratio (0.2x) compared to the HK Real Estate industry average (0.4x).


Future Growth

How is China Aoyuan Group forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

11.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3883's forecast earnings growth (11.4% per year) is above the savings rate (1.5%).

Earnings vs Market: 3883's earnings (11.4% per year) are forecast to grow slower than the Hong Kong market (16.2% per year).

High Growth Earnings: 3883's earnings are forecast to grow, but not significantly.

Revenue vs Market: 3883's revenue (10.1% per year) is forecast to grow slower than the Hong Kong market (11.7% per year).

High Growth Revenue: 3883's revenue (10.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 3883's Return on Equity is forecast to be high in 3 years time (20.7%)


Past Performance

How has China Aoyuan Group performed over the past 5 years?

37.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3883 has high quality earnings.

Growing Profit Margin: 3883's current net profit margins (7.7%) are lower than last year (7.9%).


Past Earnings Growth Analysis

Earnings Trend: 3883's earnings have grown significantly by 37.9% per year over the past 5 years.

Accelerating Growth: 3883's earnings growth over the past year (28.4%) is below its 5-year average (37.9% per year).

Earnings vs Industry: 3883 earnings growth over the past year (28.4%) exceeded the Real Estate industry 21.7%.


Return on Equity

High ROE: 3883's Return on Equity (13.2%) is considered low.


Financial Health

How is China Aoyuan Group's financial position?


Financial Position Analysis

Short Term Liabilities: 3883's short term assets (CN¥278.2B) exceed its short term liabilities (CN¥200.1B).

Long Term Liabilities: 3883's short term assets (CN¥278.2B) exceed its long term liabilities (CN¥62.7B).


Debt to Equity History and Analysis

Debt Level: 3883's net debt to equity ratio (93.2%) is considered high.

Reducing Debt: 3883's debt to equity ratio has increased from 139.7% to 211.2% over the past 5 years.

Debt Coverage: 3883's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 3883 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is China Aoyuan Group current dividend yield, its reliability and sustainability?

51.23%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 3883's dividend (51.23%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.34%).

High Dividend: 3883's dividend (51.23%) is in the top 25% of dividend payers in the Hong Kong market (7.06%)


Stability and Growth of Payments

Stable Dividend: 3883's dividends per share have been stable in the past 10 years.

Growing Dividend: 3883's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.9%), 3883's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 3883's dividends in 3 years are forecast to be well covered by earnings (32.5% payout ratio).


Next Steps

Management

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

2.5yrs

Average management tenure


CEO

Zi Ning Guo (59 yo)

11yrs

Tenure

CN¥4,409,000

Compensation

Mr. Zi Ning Guo has been the Chief Executive Officer of China Aoyuan Group Limited (formerly known as China Aoyuan Property Group Limited) since January 20, 2011. Mr. Guo served as an Executive Vice Presid...


CEO Compensation Analysis

Compensation vs Market: Zi Ning's total compensation ($USD694.00K) is above average for companies of similar size in the Hong Kong market ($USD458.14K).

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


Leadership Team

Experienced Management: 3883's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: 3883's board of directors are considered experienced (6.4 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.7%.


Top Shareholders

Company Information

China Aoyuan Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: China Aoyuan Group Limited
  • Ticker: 3883
  • Exchange: SEHK
  • Founded: 1996
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Implied Market Cap: HK$4.686b
  • Shares outstanding: 2.97b
  • Website: https://www.aoyuan.com.cn

Number of Employees


Location

  • China Aoyuan Group Limited
  • Aoyuan Tower
  • No. 48, Wanhui Yi Road
  • Guangzhou
  • Guangdong Province
  • 511445
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 15:52
End of Day Share Price2022/01/19 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.