SEHK:593

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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


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

593IndustryMarket
7 Day2.2%-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

Valuation

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

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

NamePositionTenureCompensationOwnership
Zheng Zhou
Executive Chairman of the Board6.67yrsHK$120.00k71.87%
HK$ 471.9m
Lei Yang
Executive Director3.25yrsHK$491.00kno data
Jin Zhou
CEO & Executive Director0.67yrHK$3.00kno data
Bencai Zhao
Chief Financial Officer0.92yrno datano data
Hon Yiu Lam
General Manager of Operations and Executive Director of Quality HealthCare Elderly Servicesno datano datano data
Keung Wing Yan
Legal Officerno datano datano data
Rebecca Childs Fowler
Chief Operating Officer of Quality HealthCare Medical Servicesno datano datano data
Tak Kwong Chan
Company Secretary1.67yrsHK$48.00kno 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

NamePositionTenureCompensationOwnership
Zheng Zhou
Executive Chairman of the Board6.67yrsHK$120.00k71.87%
HK$ 471.9m
Lei Yang
Executive Director3.25yrsHK$491.00kno data
Jin Zhou
CEO & Executive Director0.67yrHK$3.00kno data
Hon Yiu Lam
General Manager of Operations and Executive Director of Quality HealthCare Elderly Servicesno datano datano data
Buting Yang
Independent Non-Executive Director6.25yrsHK$231.00kno data
Xiaosu Meng
Independent Non-Executive Director6.5yrsHK$231.00kno data
Daxin Zhao
Independent Non-Executive Director5.75yrsHK$231.00kno data
Guanglei Chen
Independent Non-Executive Director0.75yrno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
593SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/21 19:30
End of Day Share Price2020/09/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.