DreamEast Group
Market Cap
HK$656.6m
Last Updated
2020/09/21 19:30 UTC
Data Sources
Company Financials
Executive Summary
DreamEast Group Limited, an investment holding company, engages in the property development and leasing, tourism park operation, and other services businesses in the People’s Republic of China. More Details
Risk Analysis
Snowflake Analysis
Overvalued with worrying balance sheet.
Similar Companies
Share Price & News
How has DreamEast Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 593's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.2%
593
-0.2%
HK Real Estate
-1.0%
HK Market
1 Year Return
-66.6%
593
-5.6%
HK Real Estate
0.4%
HK Market
Return vs Industry: 593 underperformed the Hong Kong Real Estate industry which returned -5.7% over the past year.
Return vs Market: 593 underperformed the Hong Kong Market which returned 1.4% over the past year.
Shareholder returns
| 593 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.2% | -0.2% | -1.0% |
| 30 Day | -23.3% | -4.5% | -3.2% |
| 90 Day | -66.7% | -2.2% | 1.4% |
| 1 Year | -66.6%-66.6% | -0.7%-5.6% | 4.5%0.4% |
| 3 Year | -81.5%-81.5% | -3.2%-18.1% | -3.9%-14.2% |
| 5 Year | -80.5%-80.5% | 48.0%17.4% | 22.7%2.0% |
Price Volatility Vs. Market
How volatile is DreamEast Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
If You Had Bought DreamEast Group's (HKG:593) Shares Three Years Ago You Would Be Down 82%1 month ago | Simply Wall St
Do Insiders Own Lots Of Shares In DreamEast Group Limited (HKG:593)?3 months ago | Simply Wall St
Easy Come, Easy Go: How DreamEast Group (HKG:593) Shareholders Got Unlucky And Saw 92% Of Their Cash EvaporateValuation
Is DreamEast Group undervalued compared to its fair value and its price relative to the market?
0.29x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 593 (HK$2.3) is trading above our estimate of fair value (HK$1.66)
Significantly Below Fair Value: 593 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 593 is unprofitable, so we can't compare its PE Ratio to the HK Real Estate industry average.
PE vs Market: 593 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 593's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 593 is good value based on its PB Ratio (0.3x) compared to the HK Real Estate industry average (0.4x).
Next Steps
Future Growth
How is DreamEast Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
18.7%
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 DreamEast Group 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
- Take a look at our analysis of 593’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- DreamEast Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
Past Performance
How has DreamEast Group performed over the past 5 years?
-66.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 593 is currently unprofitable.
Growing Profit Margin: 593 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 593 is unprofitable, and losses have increased over the past 5 years at a rate of 66.2% per year.
Accelerating Growth: Unable to compare 593's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 593 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-6.8%).
Return on Equity
High ROE: 593 has a negative Return on Equity (-16.98%), as it is currently unprofitable.
Next Steps
Financial Health
How is DreamEast Group's financial position?
Financial Position Analysis
Short Term Liabilities: 593's short term assets (HK$5.5B) do not cover its short term liabilities (HK$5.5B).
Long Term Liabilities: 593's short term assets (HK$5.5B) exceed its long term liabilities (HK$1.8B).
Debt to Equity History and Analysis
Debt Level: 593's debt to equity ratio (189.9%) is considered high.
Reducing Debt: 593's debt to equity ratio has increased from 64.3% to 189.9% over the past 5 years.
Debt Coverage: 593's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: Insufficient data to determine if 593's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is DreamEast Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 593's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 593's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 593's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 593's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 593 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 593'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?
0.9yrs
Average management tenure
CEO
Jin Zhou (47 yo)
0.67
Tenure
HK$3,000
Compensation
Ms. Jin Zhou serves as Chief Executive Officer & Executive Director at DreamEast Group Limited since January 2, 2020. She serves as Vice-Chairman of SkyOcean Holdings Limited. Ms. Zhou served as an Executi ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 6.67yrs | HK$120.00k | 71.87% HK$ 471.9m | |
| Executive Director | 3.25yrs | HK$491.00k | no data | |
| CEO & Executive Director | 0.67yr | HK$3.00k | no data | |
| Chief Financial Officer | 0.92yr | no data | no data | |
| General Manager of Operations and Executive Director of Quality HealthCare Elderly Services | no data | no data | no data | |
| Legal Officer | no data | no data | no data | |
| Chief Operating Officer of Quality HealthCare Medical Services | no data | no data | no data | |
| Company Secretary | 1.67yrs | HK$48.00k | no data |
0.9yrs
Average Tenure
49yo
Average Age
Experienced Management: 593's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 6.67yrs | HK$120.00k | 71.87% HK$ 471.9m | |
| Executive Director | 3.25yrs | HK$491.00k | no data | |
| CEO & Executive Director | 0.67yr | HK$3.00k | no data | |
| General Manager of Operations and Executive Director of Quality HealthCare Elderly Services | no data | no data | no data | |
| Independent Non-Executive Director | 6.25yrs | HK$231.00k | no data | |
| Independent Non-Executive Director | 6.5yrs | HK$231.00k | no data | |
| Independent Non-Executive Director | 5.75yrs | HK$231.00k | no data | |
| Independent Non-Executive Director | 0.75yr | no data | no data |
5.8yrs
Average Tenure
53yo
Average Age
Experienced Board: 593's board of directors are considered experienced (5.8 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
DreamEast Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: DreamEast Group Limited
- Ticker: 593
- Exchange: SEHK
- Founded:
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: HK$656.629m
- Shares outstanding: 285.49m
- Website: https://www.dreameast.com
Number of Employees
Location
- DreamEast Group Limited
- COFCO Tower
- 10th Floor
- Causeway Bay
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 593 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Nov 1993 |
Biography
DreamEast Group Limited, an investment holding company, engages in the property development and leasing, tourism park operation, and other services businesses in the People’s Republic of China. It also ope ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/09/21 19:30 |
| End of Day Share Price | 2020/09/21 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.