Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 6/6 |
Past Performance | 5/6 |
Financial Health | 6/6 |
Dividends | 3/6 |
9983 Stock Overview
Central China New Life Limited, an investment holding company, provides property management services and value-added services in the People’s Republic of China.
Central China New Life Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | HK$3.95 |
52 Week High | HK$8.19 |
52 Week Low | HK$3.03 |
Beta | 0.57 |
1 Month Change | 23.44% |
3 Month Change | -3.66% |
1 Year Change | -51.11% |
3 Year Change | n/a |
5 Year Change | n/a |
Change since IPO | -52.81% |
Recent News & Updates
Central China New Life's (HKG:9983) Shareholders Will Receive A Bigger Dividend Than Last Year
The board of Central China New Life Limited ( HKG:9983 ) has announced that it will be increasing its dividend on the...
Central China New Life (HKG:9983) Has Announced That It Will Be Increasing Its Dividend To HK$0.34
Central China New Life Limited ( HKG:9983 ) will increase its dividend on the 25th of May to HK$0.34. This takes the...
Shareholder Returns
9983 | HK Real Estate | HK Market | |
---|---|---|---|
7D | 10.6% | 4.3% | 2.1% |
1Y | -51.1% | -34.5% | -23.3% |
Return vs Industry: 9983 underperformed the Hong Kong Real Estate industry which returned -34.5% over the past year.
Return vs Market: 9983 underperformed the Hong Kong Market which returned -23.3% over the past year.
Price Volatility
9983 volatility | |
---|---|
9983 Average Weekly Movement | 8.8% |
Real Estate Industry Average Movement | 6.3% |
Market Average Movement | 7.0% |
10% most volatile stocks in HK Market | 13.8% |
10% least volatile stocks in HK Market | 3.3% |
Stable Share Price: 9983 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 9983's weekly volatility (9%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1994 | 6,007 | Jun Wang | https://www.ccnewlife.com.cn |
Central China New Life Limited, an investment holding company, provides property management services and value-added services in the People’s Republic of China. It operates through three segments: Property Management and Value-Added Services, Lifestyle Services, and Commercial Property Management and Consultation Services. The company manages a portfolio of properties, including residential properties, shopping malls, cultural tourism complexes, commercial apartments, office buildings, schools, hospitals, city services, factories, and parks and properties of governmental agencies.
Central China New Life Fundamentals Summary
9983 fundamental statistics | |
---|---|
Market Cap | CN¥4.27b |
Earnings (TTM) | CN¥619.56m |
Revenue (TTM) | CN¥3.60b |
6.9x
P/E Ratio1.2x
P/S RatioIs 9983 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
9983 income statement (TTM) | |
---|---|
Revenue | CN¥3.60b |
Cost of Revenue | CN¥2.42b |
Gross Profit | CN¥1.18b |
Other Expenses | CN¥563.66m |
Earnings | CN¥619.56m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
Earnings per share (EPS) | 0.49 |
Gross Margin | 32.88% |
Net Profit Margin | 17.22% |
Debt/Equity Ratio | 0% |
How did 9983 perform over the long term?
See historical performance and comparisonDividends
11.6%
Current Dividend Yield80%
Payout RatioValuation
Is 9983 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 9983?
Other financial metrics that can be useful for relative valuation.
What is 9983's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | CN¥4.27b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 0.6x |
Enterprise Value/EBITDA | 2.1x |
PEG Ratio | 0.3x |
Price to Earnings Ratio vs Peers
How does 9983's PE Ratio compare to its peers?
9983 PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 14x |
Price-To-Earnings vs Peers: 9983 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (14x).
Price to Earnings Ratio vs Industry
How does 9983's PE Ratio compare vs other companies in the Hong Kong Real Estate Industry?
Price-To-Earnings vs Industry: 9983 is expensive based on its Price-To-Earnings Ratio (6.9x) compared to the Hong Kong Real Estate industry average (6.5x)
Price to Earnings Ratio vs Fair Ratio
What is 9983's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 6.9x |
Fair PE Ratio | 6.4x |
Price-To-Earnings vs Fair Ratio: 9983 is expensive based on its Price-To-Earnings Ratio (6.9x) compared to the estimated Fair Price-To-Earnings Ratio (6.4x).
Share Price vs Fair Value
What is the Fair Price of 9983 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 9983 (HK$3.95) is trading below our estimate of fair value (HK$19.63)
Significantly Below Fair Value: 9983 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 9983 is good value based on its PEG Ratio (0.3x)
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Future Growth
How is Central China New Life forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score
6/6Future Growth Score 6/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
25.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 9983's forecast earnings growth (25.6% per year) is above the savings rate (1.5%).
Earnings vs Market: 9983's earnings (25.6% per year) are forecast to grow faster than the Hong Kong market (17% per year).
High Growth Earnings: 9983's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 9983's revenue (24.8% per year) is forecast to grow faster than the Hong Kong market (10.3% per year).
High Growth Revenue: 9983's revenue (24.8% 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 (29.7%)
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Past Performance
How has Central China New Life performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
41.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 9983 has a high level of non-cash earnings.
Growing Profit Margin: 9983's current net profit margins (17.2%) are higher than last year (16.1%).
Past Earnings Growth Analysis
Earnings Trend: 9983's earnings have grown significantly by 41.1% per year over the past 5 years.
Accelerating Growth: 9983's earnings growth over the past year (45.2%) exceeds its 5-year average (41.1% per year).
Earnings vs Industry: 9983 earnings growth over the past year (45.2%) exceeded the Real Estate industry 13.4%.
Return on Equity
High ROE: 9983's Return on Equity (21.4%) is considered high.
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Financial Health
How is Central China New Life's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 9983's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 9983's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥155.5M).
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
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Dividend
What is Central China New Life current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
11.59%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 9983's dividend (11.59%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.74%).
High Dividend: 9983's dividend (11.59%) is in the top 25% of dividend payers in the Hong Kong market (7.89%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 9983 has been paying a dividend for less than 10 years.
Growing Dividend: 9983's dividend payments have increased, but the company has only paid a dividend for 2 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80%), 9983's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (338.5%), 9983's dividend payments are not well covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Jun Wang (40 yo)
no data
Tenure
Mr. Jun Wang serves as Non-Executive Director at Central China Real Estate Limited since 2022 and also served as Chief Executive Officer since March 31, 2021 until February 14, 2022. He has been Non-Execut...
Leadership Team
Experienced Management: 9983's management team is considered experienced (2 years average tenure).
Board Members
Experienced Board: 9983's board of directors are not considered experienced ( 2.2 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: 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
Central China New Life Limited's 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
- Implied Market Cap: HK$5.013b
- Shares outstanding: 1.27b
- Website: https://www.ccnewlife.com.cn
Number of Employees
Location
- Central China New Life Limited
- PICC Plaza
- Unit 1905
- Zhengzhou
- Henan Province
- China
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/26 00:00 |
End of Day Share Price | 2022/06/24 00:00 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/12/31 |
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.