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884

CIFI Holdings (Group)SEHK:884 Stock Report

Market Cap

HK$39.9b

7D

10.6%

1Y

-18.1%

Updated

27 Sep, 2021

Data

Company Financials +
884 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance4/6
Financial Health4/6
Dividends4/6

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

Summary of all time highs, changes and price drops for CIFI Holdings (Group)
Historical stock prices
Current Share PriceHK$4.80
52 Week HighHK$4.20
52 Week LowHK$7.85
Beta1.26
1 Month Change-6.43%
3 Month Change-21.95%
1 Year Change-18.09%
3 Year Change33.33%
5 Year Change101.68%
Change since IPO266.41%

Recent News & Updates

Shareholder Returns

884HK Real EstateHK Market
7D10.6%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

Is 884's price volatile compared to industry and market?
884 volatility
884 Beta1.26
Industry Beta0.84
Market Beta1

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

FoundedEmployeesCEOWebsite
200019,649Feng Linhttps://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

How do CIFI Holdings (Group)'s earnings and revenue compare to its market cap?
884 fundamental statistics
Market CapCN¥33.15b
Earnings (TTM)CN¥8.27b
Revenue (TTM)CN¥85.15b

4.0x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
884 income statement (TTM)
RevenueCN¥85.15b
Cost of RevenueCN¥67.92b
Gross ProfitCN¥17.23b
ExpensesCN¥8.97b
EarningsCN¥8.27b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.99
Gross Margin20.24%
Net Profit Margin9.71%
Debt/Equity Ratio114.8%

How did 884 perform over the long term?

See historical performance and comparison

Dividends

8.5%

Current Dividend Yield

34%

Payout Ratio

Does 884 pay a reliable dividends?

See 884 dividend history and benchmarks
When do you need to buy 884 by to receive an upcoming dividend?
CIFI Holdings (Group) dividend dates
Ex Dividend DateOct 04 2021
Dividend Pay DateOct 29 2021
Days until Ex dividend6 days
Days until Dividend pay date31 days

Does 884 pay a reliable dividends?

See 884 dividend history and benchmarks

Valuation

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

TodaySep 28 2021Ex Dividend DateOct 04 2021Dividend Pay DateOct 29 202125 days from Ex DividendBuy in the next 6 days to receive the upcoming dividend

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 15:43
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.