Central China New Life
Market Cap
HK$8.6b
Last Updated
2020/11/26 10:23 UTC
Data Sources
Company Financials +
Executive Summary
Central China New Life Limited, an investment holding company, provides property management services in central China. More Details
Rewards
Risk Analysis
No risks detected for 9983 from our risk checks.
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
| 9983 | Industry | Market | |
|---|---|---|---|
| 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 Year | n/a | -3.4%-8.3% | 12.6%8.2% |
| 3 Year | n/a | -0.3%-12.9% | 0.4%-10.0% |
| 5 Year | n/a | 45.0%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
2 weeks ago | Simply Wall St
Po Sum Wu Just Bought A Sprinkling of Shares In Central China New Life Limited (HKG:9983)1 month ago | Simply Wall St
Is There An Opportunity With Central China New Life Limited's (HKG:9983) 23% Undervaluation?2 months ago | Simply Wall St
How Much Of Central China New Life Limited (HKG:9983) Do Insiders Own?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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | no data | no data | 3.62% CN¥ 311.0m | |
| Chief Financial Officer | 1.08yrs | no data | no data | |
| COO & Executive Director | 1.08yrs | no data | no data | |
| General Manager of Human Resources and Administration Department | 1.08yrs | no data | no data | |
| Company Secretary | 1.08yrs | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | no data | no data | 3.62% CN¥ 311.0m | |
| COO & Executive Director | 1.08yrs | no data | no data | |
| Independent Non-Executive Director | 0.58yr | no data | no data | |
| Independent Non-Executive Director | 0.58yr | no data | no data | |
| Independent Non-Executive Director | 0.58yr | no data | no data | |
| Non-Executive Director | 1.08yrs | no data | no data | |
| Non Executive Director | 1.08yrs | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 9983 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | May 2020 |
| 9983 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | May 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/26 10:23 |
| End of Day Share Price | 2020/11/26 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.