Ground International Development Limited, an investment holding company, engages in property development and management business in the People’s Republic of China.
Mediocre balance sheet and overvalued.
Share Price & News
How has Ground International Development's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 989's share price has been volatile over the past 3 months.
7 Day Return
HK Real Estate
1 Year Return
HK Real Estate
Return vs Industry: 989 underperformed the Hong Kong Real Estate industry which returned -19.6% over the past year.
Return vs Market: 989 underperformed the Hong Kong Market which returned -11.5% over the past year.
Price Volatility Vs. Market
How volatile is Ground International Development's share price compared to the market and industry in the last 5 years?
Simply Wall St News
9 hours ago | Simply Wall StGround International Development (HKG:989) Has Debt But No Earnings; Should You Worry?
3 weeks ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In Ground International Development Limited (HKG:989)
Is Ground International Development undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 989's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 989's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 989 is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.
PE vs Market: 989 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 989's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 989 is good value based on its PB Ratio (0.4x) compared to the HK Real Estate industry average (0.4x).
How is Ground International Development forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Ground International Development 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.
- Take a look at our analysis of 989’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Ground International Development competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Ground International Development performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 989 is currently unprofitable.
Growing Profit Margin: 989 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 989 is unprofitable, and losses have increased over the past 5 years at a rate of -26.9% per year.
Accelerating Growth: Unable to compare 989's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 989 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (2.8%).
Return on Equity
High ROE: 989 has a negative Return on Equity (-23.2%), as it is currently unprofitable.
How is Ground International Development's financial position?
Financial Position Analysis
Short Term Liabilities: 989's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 989's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥536.6M).
Debt to Equity History and Analysis
Debt Level: 989's debt to equity ratio (62.9%) is considered high.
Reducing Debt: 989's debt to equity ratio has reduced from 70.4% to 62.9% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 989 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 989 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Ground International Development's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 989's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 989'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 989's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 989's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 989 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 989's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kwok Ping Li (62yo)
Kwok Ping Li serves as Chief Executive Officer of China Motion Netcom and is responsible for the overall management with focus on the development and implementation of the strategic and operational plan ...
|Chairman of the Board||2.42yrs||CN¥2.96m||69.26% CN¥211.8m|
|Executive Director||2.5yrs||CN¥617.00k||0.0017% CN¥5.2k|
|Independent Non-Executive Director||1.08yrs||no data||no data|
|Non-Executive Director||2.42yrs||CN¥205.00k||no data|
|Independent Non-Executive Director||2.42yrs||CN¥205.00k||no data|
|Independent Non-Executive Director||1.83yrs||CN¥142.00k||no data|
Experienced Board: 989's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 989 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ground International Development Limited's company bio, employee growth, exchange listings and data sources
- Name: Ground International Development Limited
- Ticker: 989
- Exchange: SEHK
- Founded: 1990
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$305.857m
- Shares outstanding: 5.27b
- Website: https://www.groundproperties.com
Number of Employees
- Ground International Development Limited
- China Resources Building
- Room 1305
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|989||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Oct 1996|
|989||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Oct 1996|
|989||SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Oct 1996|
Ground International Development Limited, an investment holding company, engages in property development and management business in the People’s Republic of China. It operates through three segments: Property Development and Management, Property Investment, and Financial Services. The Property Development and Management segment develops properties; and provides management services, including planning, design, budgeting, licensing, contract tendering, and contract administration for the development of properties. The Property Investment segment holds properties for long term investment and leasing purposes. The Financial Services segment provides guarantee services. It is also involved in real estate rental management; and tourism development and management business. The company was formerly known as Ground Properties Company Limited and changed its name to Ground International Development Limited in October 2016. Ground International Development Limited was founded in 1990 and is headquartered in Wanchai, Hong Kong.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/26 12:42|
|End of Day Share Price||2020/05/26 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.