Yuexiu Transport Infrastructure
Market Cap
HK$12.4b
Last Updated
2020/01/20 12:48 UTC
Data Sources
Company Financials +
Executive Summary
Yuexiu Transport Infrastructure Limited, together with its subsidiaries, invests in, develops, operates, and manages toll expressways and bridges in the People’s Republic of China.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record average dividend payer.
Share Price & News
How has Yuexiu Transport Infrastructure's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1052 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
7.7%
1052
0.3%
HK Infrastructure
-0.2%
HK Market
1 Year Return
25.7%
1052
-1.8%
HK Infrastructure
4.5%
HK Market
Return vs Industry: 1052 exceeded the Hong Kong Infrastructure industry which returned -0.1% over the past year.
Return vs Market: 1052 exceeded the Hong Kong Market which returned 6.4% over the past year.
Shareholder returns
| 1052 | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.7% | 0.3% | -0.2% |
| 30 Day | 6.3% | 1.3% | 3.6% |
| 90 Day | 2.5% | 6.3% | 7.8% |
| 1 Year | 33.9%25.7% | 3.9%-1.8% | 8.4%4.5% |
| 3 Year | 77.1%47.2% | 10.6%-3.8% | 26.8%13.9% |
| 5 Year | 98.2%47.8% | 6.4%-15.4% | 21.0%0.9% |
Price Volatility Vs. Market
How volatile is Yuexiu Transport Infrastructure's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Does Yuexiu Transport Infrastructure Limited (HKG:1052) Have A Place In Your Dividend Portfolio?3 weeks ago | Simply Wall St
Should Yuexiu Transport Infrastructure (HKG:1052) Be Disappointed With Their 46% Profit?1 month ago | Simply Wall St
Yuexiu Transport Infrastructure (HKG:1052) Has A Pretty Healthy Balance SheetValuation
Is Yuexiu Transport Infrastructure undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1052 (HK$7.21) is trading below our estimate of fair value (HK$19.27)
Significantly Below Fair Value: 1052 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1052 is poor value based on its PE Ratio (8.7x) compared to the Infrastructure industry average (8.5x).
PE vs Market: 1052 is good value based on its PE Ratio (8.7x) compared to the Hong Kong market (10.5x).
Price to Earnings Growth Ratio
PEG Ratio: 1052 is poor value based on its PEG Ratio (105.4x)
Price to Book Ratio
PB vs Industry: 1052 is overvalued based on its PB Ratio (1x) compared to the HK Infrastructure industry average (0.7x).
Next Steps
Future Growth
How is Yuexiu Transport Infrastructure forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
0.08%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1052's forecast earnings growth (0.08% per year) is below the savings rate (1.6%).
Earnings vs Market: 1052's earnings (0.08% per year) are forecast to grow slower than the Hong Kong market (11.3% per year).
High Growth Earnings: 1052's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1052's revenue (17.4% per year) is forecast to grow faster than the Hong Kong market (10.1% per year).
High Growth Revenue: 1052's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1052's Return on Equity is forecast to be low in 3 years time (11.1%).
Next Steps
Past Performance
How has Yuexiu Transport Infrastructure performed over the past 5 years?
16.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1052 has high quality earnings.
Growing Profit Margin: 1052's current net profit margins (41.1%) are higher than last year (34.4%).
Past Earnings Growth Analysis
Earnings Trend: 1052's earnings have grown by 16.4% per year over the past 5 years.
Accelerating Growth: 1052's earnings growth over the past year (19.1%) exceeds its 5-year average (16.4% per year).
Earnings vs Industry: 1052 earnings growth over the past year (19.1%) exceeded the Infrastructure industry 1.1%.
Return on Equity
High ROE: 1052's Return on Equity (12.9%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Yuexiu Transport Infrastructure's financial position?
Financial Position Analysis
Short Term Liabilities: 1052's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥749.3M).
Long Term Liabilities: 1052's short term assets (CN¥2.4B) do not cover its long term liabilities (CN¥8.7B).
Debt to Equity History and Analysis
Debt Level: 1052's debt to equity ratio (53.3%) is considered high.
Reducing Debt: 1052's debt to equity ratio has increased from 53.2% to 53.3% over the past 5 years.
Debt Coverage: 1052's debt is well covered by operating cash flow (31.6%).
Interest Coverage: 1052's interest payments on its debt are well covered by EBIT (6.4x coverage).
Balance Sheet
Inventory Level: 1052 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 1052's debt is not covered by short term assets (assets are 0.4x debt).
Next Steps
Dividend
What is Yuexiu Transport Infrastructure's current dividend yield, its reliability and sustainability?
5.17%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 1052's dividend (5.28%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.17%).
High Dividend: 1052's dividend (5.28%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.02%).
Stability and Growth of Payments
Stable Dividend: 1052's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1052's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.3%), 1052's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1052's dividends in 3 years are forecast to be covered by earnings (52.9% payout ratio).
Next Steps
Management
What is the CEO of Yuexiu Transport Infrastructure's salary, the management and board of directors tenure and is there insider trading?
14.0yrs
Average board tenure
CEO
Baiqing He (54yo)
0yrs
Tenure
CN¥2,722,000
Compensation
Mr. Baiqing He has been a General Manager at Yuexiu Transport Infrastructure Limited since January 1, 2013. Mr. He served as Deputy head, Head and senior engineer of Guangzhou Highway Inspection and Design ...
CEO Compensation Analysis
Compensation vs Market: Baiqing's total compensation ($USD395.08K) is about average for companies of similar size in the Hong Kong market ($USD547.75K).
Compensation vs Earnings: Baiqing's compensation has been consistent with company performance over the past year.
Board Age and Tenure
14.0yrs
Average Tenure
55.5yo
Average Age
Experienced Board: 1052's board of directors are seasoned and experienced ( 14 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 15,278,000 |
| Max Price | HK$7.20 |
| Entity | Company |
| Shares | 3,182,000 |
| Max Price | HK$6.34 |
| Entity | Company |
| Shares | 534,000 |
| Max Price | HK$6.09 |
| Entity | Company |
| Shares | 178,000 |
| Max Price | HK$6.35 |
| Entity | Company |
| Shares | 599,784 |
| Max Price | HK$6.17 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Baiqing He (54yo)
Deputy Chairman & GM
- Compensation: CN¥2.72m
Tat Fung Yu
Company Secretary
- Tenure: 16yrs
Feng Li (50yo)
Chairman
- Tenure: 0.5yrs
- Compensation: CN¥1.45m
Jing Chen (47yo)
Executive Director
- Tenure: 1.8yrs
- Compensation: CN¥1.45m
Board Members
K.B. Fung Fung (73yo)
Independent Non-Executive Director
- Tenure: 23.2yrs
- Compensation: CN¥180.00k
Doi Shu Cheung (57yo)
Independent Non-Executive Director
- Tenure: 22.5yrs
- Compensation: CN¥180.00k
Ambrose Lau (72yo)
Independent Non-Executive Director
- Tenure: 23.2yrs
- Compensation: CN¥245.00k
Baiqing He (54yo)
Deputy Chairman & GM
- Compensation: CN¥2.72m
Feng Li (50yo)
Chairman
- Tenure: 0.5yrs
- Compensation: CN¥1.45m
Jing Chen (47yo)
Executive Director
- Tenure: 1.8yrs
- Compensation: CN¥1.45m
Company Information
Yuexiu Transport Infrastructure Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Yuexiu Transport Infrastructure Limited
- Ticker: 1052
- Exchange: SEHK
- Founded:
- Industry: Highways and Railtracks
- Sector: Transportation
- Market Cap: HK$12.365b
- Shares outstanding: 1.67b
- Website: https://www.yuexiutransportinfrastructure.com
Number of Employees
Location
- Yuexiu Transport Infrastructure Limited
- 17A, Yue Xiu Building
- 160 Lockhart Road
- Wanchai
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1052 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jan 1997 |
| GZ3 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1997 |
| GZIT.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1997 |
| 1052 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Jan 1997 |
| 1052 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Jan 1997 |
Biography
Yuexiu Transport Infrastructure Limited, together with its subsidiaries, invests in, develops, operates, and manages toll expressways and bridges in the People’s Republic of China. As of December 31, 2018, the company had a total of 12 investments in operating expressways and bridge projects comprising Guangzhou Northern Second Ring Expressway, Guangzhou Western Second Ring Expressway, Guangzhou Northern Ring Road, Guangdong Humen Bridge, Shantou Bay Bridge, and Qinglian Expressway located in the Guangdong Province; Cangyu Expressway in Guangxi Zhuang Autonomous Region; Jinbao Expressway in Tianjin Municipality; Han-Xiao Expressway and Suiyuenan Expressway in Hubei Province; Changzhu Expressway in Hunan Province; and Weixiu Expressway in Henan Province with a total attributable toll length of approximately 358.4 kilometers. It also holds properties. The company was formerly known as GZI Transport Limited and changed its name to Yuexiu Transport Infrastructure Limited in May 2011. Yuexiu Transport Infrastructure Limited is headquartered in Wanchai, Hong Kong. Yuexiu Transport Infrastructure Limited is a subsidiary of Yue Xiu Enterprises (Holdings) Limited.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/20 12:48 |
| End of Day Share Price | 2020/01/20 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.