| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
593 Overview
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.
DreamEast Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$1.18 |
| 52 Week High | HK$1.09 |
| 52 Week Low | HK$5.80 |
| Beta | 0.54 |
| 1 Month Change | -18.62% |
| 3 Month Change | -26.71% |
| 1 Year Change | -30.59% |
| 3 Year Change | -87.84% |
| 5 Year Change | -86.74% |
| Change since IPO | -94.64% |
Recent News & Updates
A Look At The Fair Value Of DreamEast Group Limited (HKG:593)
Today we will run through one way of estimating the intrinsic value of DreamEast Group Limited ( HKG:593 ) by taking...
Shareholder Returns
| 593 | HK Real Estate | HK Market | |
|---|---|---|---|
| 7D | -4.1% | 4.3% | 2.2% |
| 1Y | -30.6% | -7.3% | 6.0% |
Return vs Industry: 593 underperformed the Hong Kong Real Estate industry which returned -7.3% over the past year.
Return vs Market: 593 underperformed the Hong Kong Market which returned 6% over the past year.
Price Volatility
| 593 volatility | |
|---|---|
| 593 Beta | 0.54 |
| Industry Beta | 0.85 |
| Market Beta | 1 |
Stable Share Price: 593 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 593's weekly volatility has decreased from 36% to 7% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 145 | Jin Zhou | https://www.dreameast.com |
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 develops and operates cultural tourist resorts and theme parks under the DreamEast brand; and provides movie and television culture services. The company was formerly known as SkyOcean International Holdings Limited and changed its name to DreamEast Group Limited in July 2017.
DreamEast Group Fundamentals Summary
| 593 fundamental statistics | |
|---|---|
| Market Cap | HK$336.88m |
| Earnings (TTM) | -HK$2.00b |
| Revenue (TTM) | HK$44.84m |
7.5x
P/S Ratio-0.2x
P/E RatioIs 593 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 593 income statement (TTM) | |
|---|---|
| Revenue | HK$44.84m |
| Cost of Revenue | HK$38.32m |
| Gross Profit | HK$6.52m |
| Expenses | HK$2.01b |
| Earnings | -HK$2.00b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -7.01 |
| Gross Margin | 14.54% |
| Net Profit Margin | -4,462.25% |
| Debt/Equity Ratio | 1,058.5% |
How did 593 perform over the long term?
See historical performance and comparisonValuation
Is DreamEast 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: 593 (HK$1.18) is trading below our estimate of fair value (HK$2.58)
Significantly Below Fair Value: 593 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 593 is unprofitable, so we can't compare its PE Ratio to the Hong Kong 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 overvalued based on its PB Ratio (1x) compared to the HK Real Estate industry average (0.5x).
Future Growth
How is DreamEast Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
17.8%
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.
Past Performance
How has DreamEast Group performed over the past 5 years?
-83.7%
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 83.7% 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 (23.4%).
Return on Equity
High ROE: 593 has a negative Return on Equity (-396.63%), as it is currently unprofitable.
Financial Health
How is DreamEast Group's financial position?
Financial Position Analysis
Short Term Liabilities: 593's short term assets (HK$4.9B) do not cover its short term liabilities (HK$8.0B).
Long Term Liabilities: 593's short term assets (HK$4.9B) exceed its long term liabilities (HK$582.9M).
Debt to Equity History and Analysis
Debt Level: 593's debt to equity ratio (1058.5%) is considered high.
Reducing Debt: 593's debt to equity ratio has increased from 194.6% to 1058.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 593 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 593 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 45.8% per year.
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?
0.6yrs
Average management tenure
CEO
Jin Zhou (48 yo)
0.58
Tenure
HK$712,000
Compensation
Ms. Jin Zhou serves as Executive Chairman and Chief Executive Officer of DreamEast Group Limited since March 5, 2021. She was Chief Executive Officer & Executive Director at DreamEast Group Limited since J...
CEO Compensation Analysis
Compensation vs Market: Jin's total compensation ($USD91.60K) is below average for companies of similar size in the Hong Kong market ($USD228.05K).
Compensation vs Earnings: Jin's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: 593's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Members
Experienced Board: 593's board of directors are considered experienced (5.6 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 employee growth, exchange listings and data sources
Key Information
- Name: DreamEast Group Limited
- Ticker: 593
- Exchange: SEHK
- Founded: 1993
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: HK$336.879m
- Shares outstanding: 285.49m
- Website: https://www.dreameast.com
Number of Employees
Location
- DreamEast Group Limited
- Tower Two
- Suite 2901
- Causeway Bay
- Hong Kong
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/24 10:07 |
| End of Day Share Price | 2021/10/22 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.