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6968

Ganglong China Property Group SEHK:6968 Stock Report

Last Price

HK$4.13

Market Cap

HK$6.7b

7D

-2.8%

1Y

-11.0%

Updated

15 Aug, 2022

Data

Company Financials
6968 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

6968 Stock Overview

Ganglong China Property Group Limited, an investment holding company, engages in the development of real estate projects in the People’s Republic of China.

Ganglong China Property Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ganglong China Property Group
Historical stock prices
Current Share PriceHK$4.13
52 Week HighHK$5.31
52 Week LowHK$3.83
Beta-0.081
1 Month Change-5.92%
3 Month Change-5.92%
1 Year Change-10.99%
3 Year Changen/a
5 Year Changen/a
Change since IPO5.36%

Recent News & Updates

Shareholder Returns

6968HK Real EstateHK Market
7D-2.8%-1.5%0.3%
1Y-11.0%-36.4%-21.6%

Return vs Industry: 6968 exceeded the Hong Kong Real Estate industry which returned -36.4% over the past year.

Return vs Market: 6968 exceeded the Hong Kong Market which returned -21.6% over the past year.

Price Volatility

Is 6968's price volatile compared to industry and market?
6968 volatility
6968 Average Weekly Movement5.6%
Real Estate Industry Average Movement5.8%
Market Average Movement6.5%
10% most volatile stocks in HK Market12.7%
10% least volatile stocks in HK Market3.2%

Stable Share Price: 6968 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 6968's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20071,180Jianqing Xiehttps://www.glchina.group

Ganglong China Property Group Limited, an investment holding company, engages in the development of real estate projects in the People’s Republic of China. The company focuses on the development and sale of properties for residential use mixed with accompanying ancillary facilities, such as retail units, car parks, and ancillary areas. It also develops and holds various retail units.

Ganglong China Property Group Fundamentals Summary

How do Ganglong China Property Group's earnings and revenue compare to its market cap?
6968 fundamental statistics
Market CapCN¥5.78b
Earnings (TTM)CN¥480.94m
Revenue (TTM)CN¥10.37b

12.0x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6968 income statement (TTM)
RevenueCN¥10.37b
Cost of RevenueCN¥7.97b
Gross ProfitCN¥2.40b
Other ExpensesCN¥1.92b
EarningsCN¥480.94m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.30
Gross Margin23.15%
Net Profit Margin4.64%
Debt/Equity Ratio126.5%

How did 6968 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 6968 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6968?

Other financial metrics that can be useful for relative valuation.

6968 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.3x
Enterprise Value/EBITDA18.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 6968's PE Ratio compare to its peers?

6968 PE Ratio vs Peers
The above table shows the PE ratio for 6968 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average5.4x
1622 Redco Properties Group
6.3xn/aHK$6.4b
185 Zensun Enterprises
8.8xn/aHK$4.1b
2019 Dexin China Holdings
4.9x13.1%HK$5.4b
1813 KWG Group Holdings
1.7x13.3%HK$4.6b
6968 Ganglong China Property Group
12xn/aHK$6.7b

Price-To-Earnings vs Peers: 6968 is expensive based on its Price-To-Earnings Ratio (12x) compared to the peer average (5.4x).


Price to Earnings Ratio vs Industry

How does 6968's PE Ratio compare vs other companies in the HK Real Estate Industry?

Price-To-Earnings vs Industry: 6968 is expensive based on its Price-To-Earnings Ratio (12x) compared to the Hong Kong Real Estate industry average (5.7x)


Price to Earnings Ratio vs Fair Ratio

What is 6968's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

6968 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6968's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 6968 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 6968's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 6968's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Ganglong China Property Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.2%

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 Ganglong China Property 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.


Discover growth companies

  • Take a look at our analysis of 6968’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.
  • Ganglong China Property Group competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Ganglong China Property Group performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


19.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 6968 has a high level of non-cash earnings.

Growing Profit Margin: 6968's current net profit margins (4.6%) are lower than last year (23%).


Past Earnings Growth Analysis

Earnings Trend: 6968's earnings have grown by 19.6% per year over the past 5 years.

Accelerating Growth: 6968's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 6968 had negative earnings growth (-49.9%) over the past year, making it difficult to compare to the Real Estate industry average (15.4%).


Return on Equity

High ROE: 6968's Return on Equity (10.7%) is considered low.


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Financial Health

How is Ganglong China Property Group's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 6968's short term assets (CN¥53.7B) exceed its short term liabilities (CN¥38.8B).

Long Term Liabilities: 6968's short term assets (CN¥53.7B) exceed its long term liabilities (CN¥7.0B).


Debt to Equity History and Analysis

Debt Level: 6968's net debt to equity ratio (104.1%) is considered high.

Reducing Debt: Insufficient data to determine if 6968's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 6968's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 6968's interest payments on its debt are well covered by EBIT (5.7x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6968's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6968'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 6968's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6968's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 6968 is not paying a notable dividend for the Hong Kong market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 6968 has not reported any payouts.


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Management

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


CEO

Jianqing Xie (60 yo)

no data

Tenure

Mr. Jianqing Xie is Executive President of Ganglong China Property Group Limited. He joined our Group in August 2007. He is responsible for overseeing our administration and human resources management func...


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Ganglong China Property Group Limited
  • Ticker: 6968
  • Exchange: SEHK
  • Founded: 2007
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Implied Market Cap: HK$6.717b
  • Shares outstanding: 1.63b
  • Website: https://www.glchina.group

Number of Employees


Location

  • Ganglong China Property Group Limited
  • No. 11 Building
  • PortMix South District
  • Shanghai
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/15 00:00
End of Day Share Price2022/08/15 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.