Shimao Property Holdings Limited, an investment holding company, engages in the property development and investment activities in the People’s Republic of China.
High growth potential, good value and pays a dividend.
Share Price & News
How has Shimao Property Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 813 has not had significant price volatility in the past 3 months.
7 Day Return
HK Real Estate
1 Year Return
HK Real Estate
Return vs Industry: 813 exceeded the Hong Kong Real Estate industry which returned -4.6% over the past year.
Return vs Market: 813 exceeded the Hong Kong Market which returned -5.1% over the past year.
Price Volatility Vs. Market
How volatile is Shimao Property Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Shimao Property Holdings (HKG:813) Using Too Much Debt?
3 weeks ago | Simply Wall StDoes Shimao Property Holdings Limited's (HKG:813) CEO Pay Matter?
1 month ago | Simply Wall StDid You Miss Shimao Property Holdings's (HKG:813) Impressive 194% Share Price Gain?
Is Shimao Property Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 813 (HK$27.8) is trading below our estimate of fair value (HK$145.98)
Significantly Below Fair Value: 813 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 813 is poor value based on its PE Ratio (8.5x) compared to the Real Estate industry average (6.8x).
PE vs Market: 813 is good value based on its PE Ratio (8.5x) compared to the Hong Kong market (10.2x).
Price to Earnings Growth Ratio
PEG Ratio: 813 is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: 813 is overvalued based on its PB Ratio (1.3x) compared to the HK Real Estate industry average (0.5x).
How is Shimao Property Holdings forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 813's forecast earnings growth (20.5% per year) is above the savings rate (1.6%).
Earnings vs Market: 813's earnings (20.5% per year) are forecast to grow faster than the Hong Kong market (11.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 813's revenue (21.3% per year) is forecast to grow faster than the Hong Kong market (10.5% per year).
High Growth Revenue: 813's revenue (21.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 813's Return on Equity is forecast to be low in 3 years time (18%).
How has Shimao Property Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 813 has high quality earnings.
Growing Profit Margin: 813's current net profit margins (9.7%) are lower than last year (10.7%).
Past Earnings Growth Analysis
Earnings Trend: 813's earnings have grown by 4.2% per year over the past 5 years.
Accelerating Growth: 813's earnings growth over the past year (17.5%) exceeds its 5-year average (4.2% per year).
Earnings vs Industry: 813 earnings growth over the past year (17.5%) exceeded the Real Estate industry -9.7%.
Return on Equity
High ROE: 813's Return on Equity (12.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Shimao Property Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 813's short term assets (CN¥320.7B) exceed its short term liabilities (CN¥214.3B).
Long Term Liabilities: 813's short term assets (CN¥320.7B) exceed its long term liabilities (CN¥90.4B).
Debt to Equity History and Analysis
Debt Level: 813's debt to equity ratio (117.4%) is considered high.
Reducing Debt: 813's debt to equity ratio has increased from 105.9% to 117.4% over the past 5 years.
Debt Coverage: 813's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 813 earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: 813 has a high level of physical assets or inventory.
Debt Coverage by Assets: 813's debt is covered by short term assets (assets are 2.5x debt).
What is Shimao Property Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 813's dividend (4.1%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 813's dividend (4.1%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.28%).
Stability and Growth of Payments
Stable Dividend: 813's dividend payments have been volatile in the past 10 years.
Growing Dividend: 813's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39.5%), 813's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 813's dividends in 3 years are forecast to be well covered by earnings (39.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Wing Mau Hui (68yo)
Mr. Wing Mau Hui founded Shimao Property Holdings Ltd. and serves as its Chief Executive Officer. Mr. Hui serves as an Honorary Professor of the Tong Ji University in Shanghai. Mr. Hui serves as Honorary C ...
CEO Compensation Analysis
Compensation vs Market: Wing Mau's total compensation ($USD879.97K) is about average for companies of similar size in the Hong Kong market ($USD1.12M).
Compensation vs Earnings: Wing Mau's compensation has been consistent with company performance over the past year.
|Chairman & Chief Executive||0yrs||CN¥6.16m||66.64% CN¥64.1b|
|Vice Chairman & President||11.8yrs||CN¥8.93m||0.085% CN¥82.2m|
|VP & Executive Director||7yrs||CN¥5.24m||0.021% CN¥20.1m|
|Executive Director||0.08yrs||no data||0.0058% CN¥5.6m|
|Independent Non-Executive Director||15.3yrs||CN¥317.00k||no data|
|Independent Non-Executive Director||13.9yrs||CN¥317.00k||no data|
|Independent Non-Executive Director||13.7yrs||CN¥317.00k||no data|
Experienced Board: 813's board of directors are seasoned and experienced ( 13.7 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Shimao Property Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Shimao Property Holdings Limited
- Ticker: 813
- Exchange: SEHK
- Founded: 2004
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$96.263b
- Shares outstanding: 3.45b
- Website: https://www.shimaoproperty.com
Number of Employees
- Shimao Property Holdings Limited
- Lippo Centre
- Tower One, 38th Floor
- Hong Kong
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|813||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jul 2006|
|QHI||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 2006|
|SIOP.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jul 2006|
|813||SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Jul 2006|
|813||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Jul 2006|
|SHMA.Y||OTCPK (Pink Sheets LLC)||UNSPONSORD ADR||US||USD||Aug 2012|
Shimao Property Holdings Limited, an investment holding company, engages in the property development and investment activities in the People’s Republic of China. The company develops residential, commercial, and office properties; and operates hotels and shopping malls. It is also involved in the trading of construction materials; provision of marketing, architect, design, management, research, and consultancy services. In addition, the company holds trademarks and properties. The company was incorporated in 2004 and is based in Hong Kong, Hong Kong.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 12:48|
|End of Day Share Price||2020/02/20 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.