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Zhong An Real Estate

SEHK:672
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
672
SEHK
HK$2B
Market Cap
  1. Home
  2. HK
  3. Real Estate
Company description

Zhong An Real Estate Limited, together with its subsidiaries, engages in the property development, property leasing, and hotel operations in the People’s Republic of China, Japan, and Canada. The last earnings update was 72 days ago. More info.


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672 Share Price and Events
7 Day Returns
-1.7%
SEHK:672
3.8%
HK Real Estate
3.9%
HK Market
1 Year Returns
-25.3%
SEHK:672
-1.5%
HK Real Estate
-8.1%
HK Market
672 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Zhong An Real Estate (672) -1.7% 9.3% -7.8% -25.3% -15.7% -61.2%
HK Real Estate 3.8% 4.2% -3.3% -1.5% 56.2% 53.4%
HK Market 3.9% 3.5% -3.7% -8.1% 24.6% 7.1%
1 Year Return vs Industry and Market
  • 672 underperformed the Real Estate industry which returned -1.5% over the past year.
  • 672 underperformed the Market in Hong Kong which returned -8.1% over the past year.
Price Volatility
672
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Zhong An Real Estate's competitors could be found in our database.

672 Value

 Is Zhong An Real Estate undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Zhong An Real Estate. This is due to cash flow or dividend data being unavailable. The share price is HK$0.295.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Zhong An Real Estate's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Zhong An Real Estate's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:672 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥0.05
SEHK:672 Share Price ** SEHK (2019-06-25) in HKD HK$0.3
SEHK:672 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.881 CN¥0.26
Hong Kong Real Estate Industry PE Ratio Median Figure of 188 Publicly-Listed Real Estate Companies 6.36x
Hong Kong Market PE Ratio Median Figure of 1,487 Publicly-Listed Companies 10.8x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Zhong An Real Estate.

SEHK:672 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:672 Share Price ÷ EPS (both in CNY)

= 0.26 ÷ 0.05

5.27x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Zhong An Real Estate is good value based on earnings compared to the HK Real Estate industry average.
  • Zhong An Real Estate is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Zhong An Real Estate's expected growth come at a high price?
Raw Data
SEHK:672 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
19.6%per year
Hong Kong Real Estate Industry PEG Ratio Median Figure of 60 Publicly-Listed Real Estate Companies 0.28x
Hong Kong Market PEG Ratio Median Figure of 470 Publicly-Listed Companies 0.78x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Zhong An Real Estate, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Zhong An Real Estate's assets?
Raw Data
SEHK:672 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥1.33
SEHK:672 Share Price * SEHK (2019-06-25) in HKD HK$0.3
SEHK:672 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.881 CN¥0.26
Hong Kong Real Estate Industry PB Ratio Median Figure of 229 Publicly-Listed Real Estate Companies 0.56x
Hong Kong Market PB Ratio Median Figure of 2,172 Publicly-Listed Companies 0.94x
SEHK:672 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:672 Share Price ÷ Book Value per Share (both in CNY)

= 0.26 ÷ 1.33

0.19x

* Primary Listing of Zhong An Real Estate.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Zhong An Real Estate is good value based on assets compared to the HK Real Estate industry average.
X
Value checks
We assess Zhong An Real Estate's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Zhong An Real Estate has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

672 Future Performance

 How is Zhong An Real Estate expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Zhong An Real Estate, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Zhong An Real Estate expected to grow at an attractive rate?
  • Zhong An Real Estate's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Zhong An Real Estate's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare Zhong An Real Estate's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:672 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:672 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 19.6%
Hong Kong Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 5.6%
Hong Kong Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 16.4%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.1%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:672 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:672 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:672 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 5,169 -1,288 287
2018-09-30 3,997 -1,692 232
2018-06-30 2,825 -2,096 176
2018-03-31 3,610 -234 362
2017-12-31 4,395 1,629 547
2017-09-30 5,342 1,691 539
2017-06-30 6,289 1,753 531
2017-03-31 5,648 1,172 328
2016-12-31 5,007 591 125
2016-09-30 4,474 421 293
2016-06-30 3,941 250 460
2016-03-31 3,412 328 440

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Zhong An Real Estate's earnings are expected to grow by 19.6% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Zhong An Real Estate is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:672 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Zhong An Real Estate Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:672 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:672 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 0.05
2018-09-30 0.04
2018-06-30 0.03
2018-03-31 0.06
2017-12-31 0.10
2017-09-30 0.11
2017-06-30 0.11
2017-03-31 0.07
2016-12-31 0.03
2016-09-30 0.06
2016-06-30 0.10
2016-03-31 0.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Zhong An Real Estate will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Zhong An Real Estate's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Zhong An Real Estate has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

672 Past Performance

  How has Zhong An Real Estate performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Zhong An Real Estate's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Zhong An Real Estate's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Zhong An Real Estate's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Zhong An Real Estate's 1-year earnings growth is negative, it can't be compared to the HK Real Estate industry average.
Earnings and Revenue History
Zhong An Real Estate's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Zhong An Real Estate Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:672 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 5,169.37 286.88 688.36
2018-09-30 3,997.23 231.63 676.10
2018-06-30 2,825.10 176.38 663.85
2018-03-31 3,610.11 361.91 617.79
2017-12-31 4,395.12 547.44 571.74
2017-09-30 5,342.02 539.45 527.76
2017-06-30 6,288.92 531.47 483.78
2017-03-31 5,648.03 328.37 491.44
2016-12-31 5,007.15 125.27 499.11
2016-09-30 4,473.95 292.52 519.97
2016-06-30 3,940.74 459.78 540.83
2016-03-31 3,411.95 440.19 524.72
2015-12-31 2,883.15 420.61 508.62
2015-09-30 2,131.44 171.78 472.09
2015-06-30 1,379.73 -77.04 435.56
2015-03-31 1,464.92 121.34 437.58
2014-12-31 1,550.11 319.73 439.59
2014-09-30 1,903.93 406.35 458.49
2014-06-30 2,257.75 492.98 477.40
2014-03-31 2,347.68 456.76 451.91
2013-12-31 2,437.61 420.54 426.43
2013-09-30 2,853.92 522.57 374.06
2013-06-30 3,270.24 624.60 321.70
2013-03-31 2,832.93 480.42 307.93
2012-12-31 2,395.63 336.23 294.17
2012-09-30 2,072.73 331.07 290.01
2012-06-30 1,749.84 325.92 285.85

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Zhong An Real Estate has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Zhong An Real Estate used its assets less efficiently than the HK Real Estate industry average last year based on Return on Assets.
  • Zhong An Real Estate has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Zhong An Real Estate's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Zhong An Real Estate has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

672 Health

 How is Zhong An Real Estate's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Zhong An Real Estate's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Zhong An Real Estate is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Zhong An Real Estate's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Zhong An Real Estate's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Zhong An Real Estate Company Filings, last reported 5 months ago.

SEHK:672 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 9,550.12 4,818.64 1,616.40
2018-09-30 9,550.12 4,818.64 1,616.40
2018-06-30 9,248.65 5,325.49 1,097.51
2018-03-31 9,248.65 5,325.49 1,097.51
2017-12-31 9,059.16 4,730.92 2,574.67
2017-09-30 9,059.16 4,730.92 2,574.67
2017-06-30 8,523.09 4,967.37 1,914.23
2017-03-31 8,523.09 4,967.37 1,914.23
2016-12-31 7,711.14 5,564.71 1,001.94
2016-09-30 7,711.14 5,564.71 1,001.94
2016-06-30 7,589.53 6,166.29 920.42
2016-03-31 7,589.53 6,166.29 920.42
2015-12-31 7,552.77 6,471.21 1,498.20
2015-09-30 7,552.77 6,471.21 1,498.20
2015-06-30 6,976.05 6,548.95 933.31
2015-03-31 6,976.05 6,548.95 933.31
2014-12-31 6,993.40 7,230.95 1,022.49
2014-09-30 6,993.40 7,230.95 1,022.49
2014-06-30 6,523.24 6,442.24 629.09
2014-03-31 6,523.24 6,442.24 629.09
2013-12-31 6,189.60 5,730.99 1,289.02
2013-09-30 6,189.60 5,730.99 1,289.02
2013-06-30 6,040.35 5,036.11 1,137.22
2013-03-31 6,040.35 5,036.11 1,137.22
2012-12-31 5,701.15 4,685.42 933.39
2012-09-30 5,701.15 4,685.42 933.39
2012-06-30 5,347.02 3,751.78 308.71
  • Zhong An Real Estate's level of debt (50.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (92.7% vs 50.5% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 18.9x coverage).
X
Financial health checks
We assess Zhong An Real Estate's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Zhong An Real Estate has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

672 Dividends

 What is Zhong An Real Estate's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Zhong An Real Estate dividends.
If you bought HK$2,000 of Zhong An Real Estate shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Zhong An Real Estate's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Zhong An Real Estate's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:672 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 143 Stocks 4%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 966 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:672 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
SEHK:672 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2015-09-18 0.000 0.000
2015-08-27 0.000 0.000
2015-04-15 0.000 0.000
2015-03-24 0.000 0.000
2014-05-23 0.009 1.958
2013-03-14 0.009 1.479
2011-09-14 0.000 0.000
2011-03-31 0.000 0.000
2010-09-21 0.000 0.000
2010-08-30 0.000 0.000
2010-04-30 0.000 0.000
2009-09-07 0.017 1.659
2009-04-14 0.008 0.905

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Zhong An Real Estate has not reported any payouts.
  • Unable to verify if Zhong An Real Estate's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Zhong An Real Estate's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Zhong An Real Estate has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Zhong An Real Estate's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Zhong An Real Estate afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Zhong An Real Estate has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

672 Management

 What is the CEO of Zhong An Real Estate's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jiangang Zhang
COMPENSATION CN¥959,000
AGE 49
TENURE AS CEO 0.8 years
CEO Bio

Mr. Jiangang Zhang has been the Chief Executive Officer and Executive Director of Zhong An Real Estate Limited since August 23, 2018 and July 31, 2007 respectively. Mr. Zhang serves as General Manager of Hangzhou Zhong'an Service Holding Co Ltd. He serves as the vice-president at Zhejiang Zhong'an Property Development. Mr. Zhang serves as the general manager at Zhejiang Zhong'an Property Development and primarily in charge of strategy implementation and the daily operation of Zhejiang Zhong’an Property Development. He served as Vice President at Zhong An Real Estate. Mr. Zhang served as the general manager and assistant to the Chairman of Anhui Zhong’an Real Estate. From 1995 to 2003, Mr. Zhang served as the office manager, assistant to general manager and vice general manager of Hangzhou Xiaoshan Milkyway Real Estate Development Co., Ltd. Mr. Zhang has 13 years of experience in construction and property development.

CEO Compensation
  • Jiangang's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jiangang's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Zhong An Real Estate management team in years:

1.3
Average Tenure
49
Average Age
  • The average tenure for the Zhong An Real Estate management team is less than 2 years, this suggests a new team.
Management Team

Kancheng Shi

TITLE
Executive Chairman
COMPENSATION
CN¥2M
AGE
55
TENURE
12.3 yrs

Jiangang Zhang

TITLE
CEO & Executive Director
COMPENSATION
CN¥959K
AGE
49
TENURE
0.8 yrs

Shuiyun Wang

TITLE
Vice Chairman
COMPENSATION
CN¥4M
AGE
53
TENURE
0.8 yrs

Tiaojuan Shen

TITLE
Executive Director
COMPENSATION
CN¥883K
AGE
56

Jianrong Jin

TITLE
Executive Director
COMPENSATION
CN¥606K
AGE
49

Eric You

TITLE
Chief Financial Officer
AGE
38
TENURE
1.3 yrs

Zhihua Sun

TITLE
COO & Officer of the President Office
AGE
39

Lei Pan

TITLE
Chief Marketing Officer
AGE
34

Sau Ping Wong

TITLE
Company Secretary
AGE
43
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Zhong An Real Estate board of directors in years:

10
Average Tenure
55
Average Age
  • The average tenure for the Zhong An Real Estate board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Kancheng Shi

TITLE
Executive Chairman
COMPENSATION
CN¥2M
AGE
55
TENURE
12.3 yrs

Jiangang Zhang

TITLE
CEO & Executive Director
COMPENSATION
CN¥959K
AGE
49
TENURE
11.9 yrs

Shuiyun Wang

TITLE
Vice Chairman
COMPENSATION
CN¥4M
AGE
53
TENURE
0.8 yrs

Tiaojuan Shen

TITLE
Executive Director
COMPENSATION
CN¥883K
AGE
56
TENURE
11.9 yrs

Jianrong Jin

TITLE
Executive Director
COMPENSATION
CN¥606K
AGE
49
TENURE
3 yrs

Buck Pei

TITLE
Independent Non Executive Director
COMPENSATION
CN¥336K
AGE
61
TENURE
11.7 yrs

Jimmy Loke

TITLE
Independent Non Executive Director
COMPENSATION
CN¥336K
AGE
68
TENURE
10 yrs

Huaqiao Zhang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥336K
AGE
55
TENURE
6.4 yrs

Li Shen

TITLE
Non-Executive Director
COMPENSATION
CN¥200K
AGE
44
TENURE
2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
09. Apr 19 Sell ICBC International Asset Management Limited Company 09. Apr 19 09. Apr 19 -1,887,000 HK$0.32 HK$-604,223
11. Jul 18 Buy ICBC International Asset Management Limited Company 10. Jul 18 10. Jul 18 690,000 HK$0.39 HK$266,063
X
Management checks
We assess Zhong An Real Estate's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Zhong An Real Estate has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

672 News

Simply Wall St News

What Kind Of Shareholders Own Zhong An Real Estate Limited (HKG:672)?

As Charlie Munger said 'Show me the incentive and I will show you the outcome.' Zhong An Real Estate is not a large company by global standards. … View our latest analysis for Zhong An Real Estate SEHK:672 Ownership Summary, June 6th 2019 What Does The Institutional Ownership Tell Us About Zhong An Real Estate? … Insider Ownership Of Zhong An Real Estate The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

Simply Wall St -

What Kind Of Share Price Volatility Should You Expect For Zhong An Real Estate Limited (HKG:672)?

If this beta value holds true in the future, Zhong An Real Estate shares are likely to rise more than the market when the market is going up, but fall faster when the market is going down. … Beta is worth considering, but it's also important to consider whether Zhong An Real Estate is growing earnings and revenue. … What this means for you: Since Zhong An Real Estate has a reasonably high beta, it's worth considering why it is so heavily influenced by broader market sentiment.

Simply Wall St -

Does Zhong An Real Estate Limited's (HKG:672) P/E Ratio Signal A Buying Opportunity?

We'll look at Zhong An Real Estate Limited's (HKG:672) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Price per Share (in the reporting currency) ÷ Earnings per Share (EPS) … P/E of 5.29 = CN¥0.26 (Note: this is the share price in the reporting currency, namely, CNY ) ÷ CN¥0.049

Simply Wall St -

Those Who Purchased Zhong An Real Estate (HKG:672) Shares Five Years Ago Have A 75% Loss To Show For It

While it may not be enough for some shareholders, we think it is good to see the Zhong An Real Estate Limited (HKG:672) share price up 11% in a single quarter. … Indeed, the share price is down a whopping 75% in that time. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

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Could The Zhong An Real Estate Limited (HKG:672) Ownership Structure Tell Us Something Useful?

A look at the shareholders of Zhong An Real Estate Limited (HKG:672) can tell us which group is most powerful. … Generally speaking, as a company grows, institutions will increase their ownership. … Zhong An Real Estate is not a large company by global standards.

Simply Wall St -

Does Zhong An Real Estate Limited (HKG:672) Have A High Beta?

Volatility is considered to be a measure of risk in modern finance theory. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Are Insiders Selling Zhong An Real Estate Limited (HKG:672) Stock?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So we'll take a look at whether insiders have been buying or selling shares in Zhong An Real Estate Limited (HKG:672). … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'.

Simply Wall St -

How Financially Strong Is Zhong An Real Estate Limited (HKG:672)?

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

Simply Wall St -

Here's What Zhong An Real Estate Limited's (HKG:672) P/E Is Telling Us

We'll look at Zhong An Real Estate Limited's (HKG:672) P/E ratio and reflect on what it tells us about the company's share price. … Zhong An Real Estate has a price to earnings ratio of 8.15, based on the last twelve months. … Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS)

Simply Wall St -

Breaking Down Zhong An Real Estate Limited's (HKG:672) Ownership Structure

I am going to take a deep dive into Zhong An Real Estate Limited’s (HKG:672) most recent ownership structure, not a frequent subject of discussion among individual investors. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices. … SEHK:672 Ownership Summary August 14th 18

Simply Wall St -

672 Company Info

Description

Zhong An Real Estate Limited, together with its subsidiaries, engages in the property development, property leasing, and hotel operations in the People’s Republic of China, Japan, and Canada. It operates through two segments, Residential and Commercial. The Residential segment develops and sells residential properties; and provides management and security services to residential properties. The Commercial segment develops and sells commercial properties; leases investment properties; owns and operates hotels; and provides management and security services to commercial properties. The company is also involved in the theater, hospital, tourism, finance, and securities management businesses, as well as education development and energy investment businesses. In addition, it offers construction design, shipping, and corporate finance services. Zhong An Real Estate Limited was founded in 1997 and is headquartered in Hangzhou, the People’s Republic of China.

Details
Name: Zhong An Real Estate Limited
672
Exchange: SEHK
Founded: 1997
HK$1,706,844,866
5,785,914,800
Website: http://www.zafc.com
Address: Zhong An Real Estate Limited
No. 996, Xiaoshao Road,
Xiaoshan District,
Hangzhou,
Zhejiang Province, 311201,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 672 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 13. Nov 2007
DB 35Z Ordinary Shares Deutsche Boerse AG DE EUR 13. Nov 2007
Number of employees
Current staff
Staff numbers
3,244
Zhong An Real Estate employees.
Industry
Real Estate Development
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 01:48
End of day share price update: 2019/06/25 00:00
Last estimates confirmation: 2018/03/21
Last earnings filing: 2019/04/15
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.