SEHK:9983

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Central China New Life

Executive Summary

Central China New Life Limited, an investment holding company, provides property management services in central China. More Details


Snowflake Analysis

Exceptional growth potential with flawless balance sheet.

Share Price & News

How has Central China New Life's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 9983 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: 9983's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-6.2%

9983

-1.9%

HK Real Estate

1.1%

HK Market


1 Year Return

n/a

9983

-8.3%

HK Real Estate

8.2%

HK Market

Return vs Industry: Insufficient data to determine how 9983 performed against the Hong Kong Real Estate industry.

Return vs Market: Insufficient data to determine how 9983 performed against the Hong Kong Market.


Shareholder returns

9983IndustryMarket
7 Day-6.2%-1.9%1.1%
30 Day-7.5%6.9%7.2%
90 Day-38.0%-3.0%5.2%
1 Yearn/a-3.4%-8.3%12.6%8.2%
3 Yearn/a-0.3%-12.9%0.4%-10.0%
5 Yearn/a45.0%14.7%30.6%8.5%

Long-Term Price Volatility Vs. Market

How volatile is Central China New Life's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Central China New Life undervalued compared to its fair value and its price relative to the market?

43.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 9983 (HK$6.82) is trading below our estimate of fair value (HK$12)

Significantly Below Fair Value: 9983 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 9983 is poor value based on its PE Ratio (21.7x) compared to the HK Real Estate industry average (8.4x).

PE vs Market: 9983 is poor value based on its PE Ratio (21.7x) compared to the Hong Kong market (11.2x).


Price to Earnings Growth Ratio

PEG Ratio: 9983 is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: 9983 is overvalued based on its PB Ratio (14.1x) compared to the HK Real Estate industry average (0.4x).


Next Steps

Future Growth

How is Central China New Life forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

25.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9983's forecast earnings growth (25.3% per year) is above the savings rate (1.6%).

Earnings vs Market: 9983's earnings (25.3% per year) are forecast to grow faster than the Hong Kong market (21.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 9983's revenue (32.1% per year) is forecast to grow faster than the Hong Kong market (13.7% per year).

High Growth Revenue: 9983's revenue (32.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 9983's Return on Equity is forecast to be high in 3 years time (24.6%)


Next Steps

Past Performance

How has Central China New Life performed over the past 5 years?

167.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 9983 has high quality earnings.

Growing Profit Margin: 9983's current net profit margins (13.6%) are higher than last year (12.9%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 9983's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 9983's past year earnings growth to its 5-year average.

Earnings vs Industry: 9983 earnings growth over the past year (167.9%) exceeded the Real Estate industry -0.6%.


Return on Equity

High ROE: 9983's Return on Equity (61%) is considered outstanding.


Next Steps

Financial Health

How is Central China New Life's financial position?


Financial Position Analysis

Short Term Liabilities: 9983's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.0B).

Long Term Liabilities: 9983's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥64.1M).


Debt to Equity History and Analysis

Debt Level: 9983 is debt free.

Reducing Debt: 9983 had no debt 5 years ago.

Debt Coverage: 9983 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 9983 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Central China New Life current dividend yield, its reliability and sustainability?

2.57%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 9983's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 9983'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 9983's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 9983'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 9983'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?

1.1yrs

Average management tenure


CEO

Wang Jun (39 yo)

no data

Tenure

Mr. Wang Jun was Director of Central China New Life Limited since October 16, 2018 and serves as chairman and chief executive officer. He has been Executive Director of Central China New Life Limited since...


Leadership Team

NamePositionTenureCompensationOwnership
Wang Jun
CEO & Chairmanno datano data3.62%
CN¥ 311.0m
Nan Ma
Chief Financial Officer1.08yrsno datano data
Cai Bin
COO & Executive Director1.08yrsno datano data
Changran Wang
General Manager of Human Resources and Administration Department1.08yrsno datano data
Yee Man To
Company Secretary1.08yrsno datano data

1.1yrs

Average Tenure

39yo

Average Age

Experienced Management: 9983's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Wang Jun
CEO & Chairmanno datano data3.62%
CN¥ 311.0m
Cai Bin
COO & Executive Director1.08yrsno datano data
Laura Ying Luo
Independent Non-Executive Director0.58yrno datano data
Zhu Xin
Independent Non-Executive Director0.58yrno datano data
Chong Leong
Independent Non-Executive Director0.58yrno datano data
Min Huidong
Non-Executive Director1.08yrsno datano data
Lam Li Wu
Non Executive Director1.08yrsno datano data

0.8yrs

Average Tenure

54yo

Average Age

Experienced Board: 9983's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 9983 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: 9983 only recently listed within the past 12 months.


Top Shareholders

Company Information

Central China New Life Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Central China New Life Limited
  • Ticker: 9983
  • Exchange: SEHK
  • Founded: 1994
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: HK$8.591b
  • Shares outstanding: 1.25b
  • Website: https://www.ccnewlife.com.cn

Number of Employees


Location

  • Central China New Life Limited
  • PICC Plaza
  • Unit 1905
  • Zhengzhou
  • Henan Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
9983SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2020
9983SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDMay 2020

Biography

Central China New Life Limited, an investment holding company, provides property management services in central China. It operates through three segments: Property Management and Value-Added Services, Life...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 10:23
End of Day Share Price2020/11/26 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.