SEHK:884

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CIFI Holdings (Group)

Executive Summary

CIFI Holdings (Group) Co. Ltd., an investment holding company, invests in, develops, and manages properties in the People’s Republic of China. More Details


Snowflake Analysis

Proven track record with reasonable growth potential.


Similar Companies

Share Price & News

How has CIFI Holdings (Group)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 884 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: 884's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-4.2%

884

-2.6%

HK Real Estate

-0.03%

HK Market


1 Year Return

13.7%

884

-5.0%

HK Real Estate

20.6%

HK Market

Return vs Industry: 884 exceeded the Hong Kong Real Estate industry which returned -5% over the past year.

Return vs Market: 884 underperformed the Hong Kong Market which returned 20.6% over the past year.


Shareholder returns

884IndustryMarket
7 Day-4.2%-2.6%-0.03%
30 Day2.6%6.2%-0.5%
90 Day14.5%7.3%10.3%
1 Year21.3%13.7%-0.2%-5.0%25.3%20.6%
3 Year27.2%5.9%-6.7%-18.6%3.8%-7.0%
5 Year414.1%276.5%58.6%26.1%60.0%32.8%

Long-Term Price Volatility Vs. Market

How volatile is CIFI Holdings (Group)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CIFI Holdings (Group) undervalued compared to its fair value and its price relative to the market?

7.01x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 884 (HK$7.04) is trading above our estimate of fair value (HK$5.63)

Significantly Below Fair Value: 884 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 884 is good value based on its PE Ratio (7x) compared to the HK Real Estate industry average (8.2x).

PE vs Market: 884 is good value based on its PE Ratio (7x) compared to the Hong Kong market (12.2x).


Price to Earnings Growth Ratio

PEG Ratio: 884 is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: 884 is overvalued based on its PB Ratio (1.3x) compared to the HK Real Estate industry average (0.4x).


Next Steps

Future Growth

How is CIFI Holdings (Group) forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

19.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 884's forecast earnings growth (19.9% per year) is above the savings rate (1.5%).

Earnings vs Market: 884's earnings (19.9% per year) are forecast to grow slower than the Hong Kong market (21.2% per year).

High Growth Earnings: 884's earnings are forecast to grow, but not significantly.

Revenue vs Market: 884's revenue (23% per year) is forecast to grow faster than the Hong Kong market (13.3% per year).

High Growth Revenue: 884's revenue (23% per year) is forecast to grow faster 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 (23.3%)


Next Steps

Past Performance

How has CIFI Holdings (Group) performed over the past 5 years?

24.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 884 has high quality earnings.

Growing Profit Margin: 884's current net profit margins (11.6%) are lower than last year (11.6%).


Past Earnings Growth Analysis

Earnings Trend: 884's earnings have grown significantly by 24.3% per year over the past 5 years.

Accelerating Growth: 884's earnings growth over the past year (27.3%) exceeds its 5-year average (24.3% per year).

Earnings vs Industry: 884 earnings growth over the past year (27.3%) exceeded the Real Estate industry 7.6%.


Return on Equity

High ROE: 884's Return on Equity (12.8%) is considered low.


Next Steps

Financial Health

How is CIFI Holdings (Group)'s financial position?


Financial Position Analysis

Short Term Liabilities: 884's short term assets (CN¥304.0B) exceed its short term liabilities (CN¥196.8B).

Long Term Liabilities: 884's short term assets (CN¥304.0B) exceed its long term liabilities (CN¥83.5B).


Debt to Equity History and Analysis

Debt Level: 884's debt to equity ratio (171.2%) is considered high.

Reducing Debt: 884's debt to equity ratio has reduced from 198.4% to 171.2% over the past 5 years.

Debt Coverage: 884's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 884 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is CIFI Holdings (Group) current dividend yield, its reliability and sustainability?

5.24%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 884's dividend (5.24%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.03%).

High Dividend: 884's dividend (5.24%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.24%).


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 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.8%), 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 (34.4% payout ratio).


Next Steps

Management

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

2.0yrs

Average management tenure


CEO

Feng Lin (45 yo)

no data

Tenure

CN¥12,166,000

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 Ever Sunshine Lifestyle Services Group Limite...


CEO Compensation Analysis

Compensation vs Market: Feng's total compensation ($USD1.87M) is above average for companies of similar size in the Hong Kong market ($USD608.88K).

Compensation vs Earnings: Feng's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Zhong Lin
Founder & Executive Chairman of the Board9.83yrsCN¥3.93m0.096%
CN¥ 55.4m
Feng Lin
CEO & Executive Directorno dataCN¥12.17m2.78%
CN¥ 1.6b
Wei Lin
Executive Vice Chairman of the Boardno dataCN¥3.39m7.98%
CN¥ 4.6b
Dongbiao Chen
Executive President & Executive Director3.25yrsCN¥7.08m0.24%
CN¥ 136.3m
Xin Yang
CFO, GM of Finance Centre3.25yrsCN¥5.86m0.14%
CN¥ 77.8m
Taoyuan Pan
VP & GM of Investment Centerno datano datano data
Yuk Ming Leung
Head of Capital Markets & Investors Relationsno datano datano data
Zhaohui Ding
Director of Legal & Risk Controlno datano datano data
Qiang Yan
General Manager of Sales Centerno datano datano data
Ming Ge
VP & GM of Human Development Centerno datano datano data
Tai On Lo
Company Secretary8.42yrsno datano data
Sze Ka Yau
Senior Adviser2yrsno datano data

2.0yrs

Average Tenure

47.5yo

Average Age

Experienced Management: 884's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Zhong Lin
Founder & Executive Chairman of the Board9.83yrsCN¥3.93m0.096%
CN¥ 55.4m
Feng Lin
CEO & Executive Directorno dataCN¥12.17m2.78%
CN¥ 1.6b
Wei Lin
Executive Vice Chairman of the Boardno dataCN¥3.39m7.98%
CN¥ 4.6b
Dongbiao Chen
Executive President & Executive Director3.25yrsCN¥7.08m0.24%
CN¥ 136.3m
Xin Yang
CFO, GM of Finance Centre3.25yrsCN¥5.86m0.14%
CN¥ 77.8m
Yongyue Zhang
Independent Non-Executive Director8.42yrsCN¥345.00k0.016%
CN¥ 9.2m
Yunchang Gu
Independent Non-Executive Director8.42yrsCN¥345.00k0.027%
CN¥ 15.5m
Wei Wang
Non-Executive Director2.33yrsno datano data
Chen Weicheng
Independent Non-Executive Directorno datano datano data

8.4yrs

Average Tenure

52yo

Average Age

Experienced Board: 884's board of directors are considered experienced (8.4 years average tenure).


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 been diluted in the past year, with total shares outstanding growing by 4.5%.


Top Shareholders

Company Information

CIFI Holdings (Group) Co. Ltd.'s company bio, 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$57.510b
  • Shares outstanding: 8.17b
  • Website: https://www.cifi.com.cn

Number of Employees


Location

  • CIFI Holdings (Group) Co. Ltd.
  • CIFI Center
  • Lane 1088
  • Shanghai
  • Shanghai Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
884SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 2012
6CIDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2012
884SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDNov 2012
884SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDNov 2012
CFFH.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 2012

Biography

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 Inv...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/07 10:31
End of Day Share Price2021/03/05 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.