SEHK:910

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China Sandi Holdings

Executive Summary

China Sandi Holdings Limited, an investment holding company, engages in the investment and development of properties in the People’s Republic of China.


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

How has China Sandi Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 910 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-6.7%

910

2.7%

HK Real Estate

2.0%

HK Market


1 Year Return

0%

910

-2.9%

HK Real Estate

6.0%

HK Market

Return vs Industry: 910 exceeded the Hong Kong Real Estate industry which returned -5.6% over the past year.

Return vs Market: 910 underperformed the Hong Kong Market which returned 3.1% over the past year.


Shareholder returns

910IndustryMarket
7 Day-6.7%2.7%2.0%
30 Day-6.7%-4.5%1.0%
90 Day-6.7%3.2%9.4%
1 Year0%0%2.3%-2.9%10.4%6.0%
3 Year107.4%107.4%8.1%-4.9%0.8%-10.1%
5 Year27.2%-24.3%38.8%14.0%10.8%-7.8%

Price Volatility Vs. Market

How volatile is China Sandi Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Sandi Holdings undervalued compared to its fair value and its price relative to the market?

5.77x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 910 (HK$0.56) is trading above our estimate of fair value (HK$0.45)

Significantly Below Fair Value: 910 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 910 is good value based on its PE Ratio (5.8x) compared to the HK Real Estate industry average (6.8x).

PE vs Market: 910 is good value based on its PE Ratio (5.8x) compared to the Hong Kong market (10.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 910's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 910 is overvalued based on its PB Ratio (0.7x) compared to the HK Real Estate industry average (0.4x).


Next Steps

Future Growth

How is China Sandi Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.3%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as China Sandi Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has China Sandi Holdings performed over the past 5 years?

52.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 910 has a large one-off gain of CN¥140.8M impacting its December 31 2019 financial results.

Growing Profit Margin: 910 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 910 has become profitable over the past 5 years, growing earnings by 52% per year.

Accelerating Growth: 910 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 910 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (4.5%).


Return on Equity

High ROE: 910's Return on Equity (11.7%) is considered low.


Next Steps

Financial Health

How is China Sandi Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 910's short term assets (CN¥11.4B) exceed its short term liabilities (CN¥10.4B).

Long Term Liabilities: 910's short term assets (CN¥11.4B) exceed its long term liabilities (CN¥5.9B).


Debt to Equity History and Analysis

Debt Level: 910's debt to equity ratio (127.5%) is considered high.

Reducing Debt: 910's debt to equity ratio has increased from 27.4% to 127.5% over the past 5 years.

Debt Coverage: 910's debt is not well covered by operating cash flow (14.2%).

Interest Coverage: 910's interest payments on its debt are well covered by EBIT (5.9x coverage).


Balance Sheet


Next Steps

Dividend

What is China Sandi Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 910's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 910's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 910's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 910's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 910's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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

5.9yrs

Average board tenure


CEO

China Sandi Holdings has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Jiadi Guo
Executive Chairman5.67yrsCN¥1.95m66.58%
CN¥ 1.9b
Lan E. Guo
Director of Business Operations & Executive Director6.08yrsCN¥1.14mno data
Chao Wang
Executive Director2.5yrsCN¥403.00kno data
Yurui Zheng
Independent Non-Executive Director8.33yrsCN¥262.00kno data
Yee Ping Chan
Independent Non-Executive Director6.08yrsCN¥71.00kno data
Shujuan Ma
Independent Non-Executive Director2.5yrsCN¥269.00kno data

5.9yrs

Average Tenure

43yo

Average Age

Experienced Board: 910's board of directors are considered experienced (5.9 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

China Sandi Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Sandi Holdings Limited
  • Ticker: 910
  • Exchange: SEHK
  • Founded:
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: HK$2.849b
  • Shares outstanding: 5.09b
  • Website: https://www.chinasandi.com.hk

Number of Employees


Location

  • China Sandi Holdings Limited
  • China Merchants Tower
  • Room 3405, 34th Floor
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
910SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 1998
GFW1DB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 1998

Biography

China Sandi Holdings Limited, an investment holding company, engages in the investment and development of properties in the People’s Republic of China. The company operates in Property Development, Propert ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 12:43
End of Day Share Price2020/08/04 00:00
Earnings2019/12/31
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.