| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
884 Overview
CIFI Holdings (Group) Co. Ltd., an investment holding company, invests in, develops, and manages properties in the People’s Republic of China.
CIFI Holdings (Group) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$4.80 |
| 52 Week High | HK$4.20 |
| 52 Week Low | HK$7.85 |
| Beta | 1.26 |
| 1 Month Change | -6.43% |
| 3 Month Change | -21.95% |
| 1 Year Change | -18.09% |
| 3 Year Change | 33.33% |
| 5 Year Change | 101.68% |
| Change since IPO | 266.41% |
Recent News & Updates
Shareholder Returns
| 884 | HK Real Estate | HK Market | |
|---|---|---|---|
| 7D | 10.6% | 3.6% | -0.0001% |
| 1Y | -18.1% | -17.7% | 7.3% |
Return vs Industry: 884 underperformed the Hong Kong Real Estate industry which returned -15.1% over the past year.
Return vs Market: 884 underperformed the Hong Kong Market which returned 9.1% over the past year.
Price Volatility
| 884 volatility | |
|---|---|
| 884 Beta | 1.26 |
| Industry Beta | 0.84 |
| Market Beta | 1 |
Stable Share Price: 884 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 884's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 19,649 | Feng Lin | https://www.cifi.com.cn |
CIFI Holdings (Group) Co. Ltd., an investment holding company, invests in, develops, and manages properties in the People’s Republic of China. The company operates through Sales of Properties; Property Investment; and Project Management and Other Property Related Services segments. It develops and sells office and commercial premises, and residential properties; leases investment properties; and offers project management and other property related services.
CIFI Holdings (Group) Fundamentals Summary
| 884 fundamental statistics | |
|---|---|
| Market Cap | CN¥33.15b |
| Earnings (TTM) | CN¥8.27b |
| Revenue (TTM) | CN¥85.15b |
4.0x
P/E Ratio0.4x
P/S RatioIs 884 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 884 income statement (TTM) | |
|---|---|
| Revenue | CN¥85.15b |
| Cost of Revenue | CN¥67.92b |
| Gross Profit | CN¥17.23b |
| Expenses | CN¥8.97b |
| Earnings | CN¥8.27b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.99 |
| Gross Margin | 20.24% |
| Net Profit Margin | 9.71% |
| Debt/Equity Ratio | 114.8% |
How did 884 perform over the long term?
See historical performance and comparisonDividends
8.5%
Current Dividend Yield34%
Payout RatioDoes 884 pay a reliable dividends?
See 884 dividend history and benchmarks| CIFI Holdings (Group) dividend dates | |
|---|---|
| Ex Dividend Date | Oct 04 2021 |
| Dividend Pay Date | Oct 29 2021 |
| Days until Ex dividend | 6 days |
| Days until Dividend pay date | 31 days |
Does 884 pay a reliable dividends?
See 884 dividend history and benchmarksValuation
Is CIFI Holdings (Group) undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 884 (HK$4.8) is trading below our estimate of fair value (HK$9.75)
Significantly Below Fair Value: 884 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 884 is good value based on its PE Ratio (4x) compared to the Hong Kong Real Estate industry average (7.3x).
PE vs Market: 884 is good value based on its PE Ratio (4x) compared to the Hong Kong market (9.6x).
Price to Earnings Growth Ratio
PEG Ratio: 884 is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: 884 is overvalued based on its PB Ratio (0.8x) compared to the HK Real Estate industry average (0.4x).
Future Growth
How is CIFI Holdings (Group) forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
14.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 884's forecast earnings growth (14% per year) is above the savings rate (1.5%).
Earnings vs Market: 884's earnings (14% per year) are forecast to grow slower than the Hong Kong market (17.1% per year).
High Growth Earnings: 884's earnings are forecast to grow, but not significantly.
Revenue vs Market: 884's revenue (15.8% per year) is forecast to grow faster than the Hong Kong market (12.3% per year).
High Growth Revenue: 884's revenue (15.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 884's Return on Equity is forecast to be high in 3 years time (21.2%)
Past Performance
How has CIFI Holdings (Group) performed over the past 5 years?
20.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 884 has high quality earnings.
Growing Profit Margin: 884's current net profit margins (9.7%) are lower than last year (11.6%).
Past Earnings Growth Analysis
Earnings Trend: 884's earnings have grown significantly by 20.1% per year over the past 5 years.
Accelerating Growth: 884's earnings growth over the past year (25.1%) exceeds its 5-year average (20.1% per year).
Earnings vs Industry: 884 earnings growth over the past year (25.1%) exceeded the Real Estate industry 23.8%.
Return on Equity
High ROE: 884's Return on Equity (13%) is considered low.
Financial Health
How is CIFI Holdings (Group)'s financial position?
Financial Position Analysis
Short Term Liabilities: 884's short term assets (CN¥363.2B) exceed its short term liabilities (CN¥247.6B).
Long Term Liabilities: 884's short term assets (CN¥363.2B) exceed its long term liabilities (CN¥95.8B).
Debt to Equity History and Analysis
Debt Level: 884's debt to equity ratio (114.8%) is considered high.
Reducing Debt: 884's debt to equity ratio has reduced from 225.4% to 114.8% over the past 5 years.
Debt Coverage: 884's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: 884 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is CIFI Holdings (Group) current dividend yield, its reliability and sustainability?
8.50%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 884's dividend (8.5%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 884's dividend (8.5%) is in the top 25% of dividend payers in the Hong Kong market (6.84%)
Stability and Growth of Payments
Stable Dividend: 884 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 884's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.9%), 884's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 884's dividends in 3 years are forecast to be well covered by earnings (34.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.3yrs
Average management tenure
CEO
Feng Lin (46 yo)
no data
Tenure
CN¥6,835,000
Compensation
Mr. Feng Lin is the Executive Director and Chief Executive Officer of CIFI Holdings (Group) Co. Ltd. He serves as Non-Executive Deputy Chairman of the Board at CIFI Ever Sunshine Services Group Limited (fo...
CEO Compensation Analysis
Compensation vs Market: Feng's total compensation ($USD1.06M) is above average for companies of similar size in the Hong Kong market ($USD619.94K).
Compensation vs Earnings: Feng's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 884's management team is seasoned and experienced (8.3 years average tenure).
Board Members
Experienced Board: 884's board of directors are considered experienced (8.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 884 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
CIFI Holdings (Group) Co. Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: CIFI Holdings (Group) Co. Ltd.
- Ticker: 884
- Exchange: SEHK
- Founded: 2000
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$39.912b
- Shares outstanding: 8.32b
- Website: https://www.cifi.com.cn
Number of Employees
Location
- CIFI Holdings (Group) Co. Ltd.
- CIFI Center
- Lane 1088
- Shanghai
- 201106
- China
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/27 15:43 |
| End of Day Share Price | 2021/09/27 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.