81 Stock Overview
China Overseas Grand Oceans Group Limited, an investment holding company, invests in, develops, and leases real estate properties in the People’s Republic of China.
China Overseas Grand Oceans Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$3.98|
|52 Week High||HK$5.34|
|52 Week Low||HK$3.33|
|1 Month Change||-0.50%|
|3 Month Change||-13.67%|
|1 Year Change||-12.34%|
|3 Year Change||12.43%|
|5 Year Change||-9.13%|
|Change since IPO||543.48%|
Recent News & Updates
China Overseas Grand Oceans Group (HKG:81) Will Pay A Larger Dividend Than Last Year At HK$0.30
China Overseas Grand Oceans Group Limited ( HKG:81 ) has announced that it will be increasing its dividend on the 16th...
Do China Overseas Grand Oceans Group's (HKG:81) Earnings Warrant Your Attention?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
China Overseas Grand Oceans Group (HKG:81) Has Announced That It Will Be Increasing Its Dividend To HK$0.30
China Overseas Grand Oceans Group Limited's ( HKG:81 ) dividend will be increasing to HK$0.30 on 16th of August. This...
|81||HK Real Estate||HK Market|
Return vs Industry: 81 exceeded the Hong Kong Real Estate industry which returned -34.5% over the past year.
Return vs Market: 81 exceeded the Hong Kong Market which returned -23.3% over the past year.
|81 Average Weekly Movement||6.3%|
|Real Estate Industry Average Movement||6.3%|
|Market Average Movement||7.0%|
|10% most volatile stocks in HK Market||13.8%|
|10% least volatile stocks in HK Market||3.3%|
Stable Share Price: 81 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: 81's weekly volatility (6%) has been stable over the past year.
About the Company
China Overseas Grand Oceans Group Limited, an investment holding company, invests in, develops, and leases real estate properties in the People’s Republic of China. It operates through Property Investment and Development, Property Leasing, and Other segments. The Property Investment and Development segment constructs residential and commercial properties.
China Overseas Grand Oceans Group Fundamentals Summary
|81 fundamental statistics|
Is 81 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|81 income statement (TTM)|
|Cost of Revenue||CN¥41.43b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||1.48|
|Net Profit Margin||9.38%|
How did 81 perform over the long term?See historical performance and comparison
9.1%Current Dividend Yield
Is 81 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 81?
Other financial metrics that can be useful for relative valuation.
|What is 81's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 81's PE Ratio compare to its peers?
|81 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
3990 Midea Real Estate Holding
9968 Huijing Holdings
1996 Redsun Properties Group
3380 Logan Group
81 China Overseas Grand Oceans Group
Price-To-Earnings vs Peers: 81 is good value based on its Price-To-Earnings Ratio (2.3x) compared to the peer average (10.5x).
Price to Earnings Ratio vs Industry
How does 81's PE Ratio compare vs other companies in the HK Real Estate Industry?
Price-To-Earnings vs Industry: 81 is good value based on its Price-To-Earnings Ratio (2.3x) compared to the Hong Kong Real Estate industry average (6.5x)
Price to Earnings Ratio vs Fair Ratio
What is 81'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.
|Current PE Ratio||2.3x|
|Fair PE Ratio||5.5x|
Price-To-Earnings vs Fair Ratio: 81 is good value based on its Price-To-Earnings Ratio (2.3x) compared to the estimated Fair Price-To-Earnings Ratio (5.5x).
Share Price vs Fair Value
What is the Fair Price of 81 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 81 (HK$3.98) is trading below our estimate of fair value (HK$6.5)
Significantly Below Fair Value: 81 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 81 is good value based on its PEG Ratio (0.4x)
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How is China Overseas Grand Oceans Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 81's forecast earnings growth (6.5% per year) is above the savings rate (1.5%).
Earnings vs Market: 81's earnings (6.5% per year) are forecast to grow slower than the Hong Kong market (16.9% per year).
High Growth Earnings: 81's earnings are forecast to grow, but not significantly.
Revenue vs Market: 81's revenue (11.6% per year) is forecast to grow faster than the Hong Kong market (10.3% per year).
High Growth Revenue: 81's revenue (11.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 81's Return on Equity is forecast to be low in 3 years time (14.3%).
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How has China Overseas Grand Oceans Group performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 81 has a high level of non-cash earnings.
Growing Profit Margin: 81's current net profit margins (9.4%) are lower than last year (10.2%).
Past Earnings Growth Analysis
Earnings Trend: 81's earnings have grown significantly by 36.4% per year over the past 5 years.
Accelerating Growth: 81's earnings growth over the past year (15.4%) is below its 5-year average (36.4% per year).
Earnings vs Industry: 81 earnings growth over the past year (15.4%) exceeded the Real Estate industry 13.4%.
Return on Equity
High ROE: 81's Return on Equity (15.8%) is considered low.
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How is China Overseas Grand Oceans Group's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 81's short term assets (CN¥190.6B) exceed its short term liabilities (CN¥127.6B).
Long Term Liabilities: 81's short term assets (CN¥190.6B) exceed its long term liabilities (CN¥35.4B).
Debt to Equity History and Analysis
Debt Level: 81's net debt to equity ratio (79.4%) is considered high.
Reducing Debt: 81's debt to equity ratio has reduced from 284.5% to 134.9% over the past 5 years.
Debt Coverage: 81's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 81 earns more interest than it pays, so coverage of interest payments is not a concern.
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What is China Overseas Grand Oceans Group current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 81's dividend (9.07%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.75%).
High Dividend: 81's dividend (9.07%) is in the top 25% of dividend payers in the Hong Kong market (7.9%)
Stability and Growth of Payments
Stable Dividend: 81's dividend payments have been volatile in the past 10 years.
Growing Dividend: 81's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21%), 81's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 81 is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lin Yang (48 yo)
Mr. Lin Yang has been Chief Executive Officer at China Overseas Grand Oceans Group Limited since February 11, 2020. Mr. Yang has been Executive Director of China Overseas Grand Oceans Group Limited since M...
CEO Compensation Analysis
Compensation vs Market: Lin's total compensation ($USD1.07M) is above average for companies of similar size in the Hong Kong market ($USD580.03K).
Compensation vs Earnings: Lin's compensation has been consistent with company performance over the past year.
Experienced Management: 81's management team is considered experienced (2.8 years average tenure).
Experienced Board: 81's board of directors are seasoned and experienced ( 12.1 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
China Overseas Grand Oceans Group Limited's employee growth, exchange listings and data sources
- Name: China Overseas Grand Oceans Group Limited
- Ticker: 81
- Exchange: SEHK
- Founded: 1955
- Industry: Real Estate Development
- Sector: Real Estate
- Implied Market Cap: HK$13.625b
- Shares outstanding: 3.42b
- Website: https://www.cogogl.com.hk
Number of Employees
- China Overseas Grand Oceans Group Limited
- Three Pacific Place
- Suites 701-702
- Hong Kong
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/27 00:00|
|End of Day Share Price||2022/06/27 00:00|
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.