Yuexiu Transport Infrastructure
Market Cap
HK$8.4b
Last Updated
2020/06/05 12:53 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
6 star dividend payer and undervalued.
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
-0.6%
1052
2.8%
HK Infrastructure
5.0%
HK Market
1 Year Return
-17.1%
1052
-22.0%
HK Infrastructure
-5.3%
HK Market
Return vs Industry: 1052 exceeded the Hong Kong Infrastructure industry which returned -22% over the past year.
Return vs Market: 1052 underperformed the Hong Kong Market which returned -5.3% over the past year.
Shareholder returns
| 1052 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | 2.8% | 5.0% |
| 30 Day | -3.2% | -1.7% | 4.0% |
| 90 Day | -13.3% | -11.2% | -4.0% |
| 1 Year | -11.5%-17.1% | -18.3%-22.0% | -1.9%-5.3% |
| 3 Year | 8.6%-10.3% | -26.4%-36.1% | -0.5%-10.9% |
| 5 Year | 19.7%-11.9% | -32.4%-46.3% | -9.0%-23.5% |
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
Should You Buy Yuexiu Transport Infrastructure Limited (HKG:1052) For Its Upcoming Dividend In 4 Days?2 weeks ago | Simply Wall St
Who Has Been Buying Yuexiu Transport Infrastructure Limited (HKG:1052) Shares?Valuation
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$5.13) is trading below our estimate of fair value (HK$10.75)
Significantly Below Fair Value: 1052 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1052 is good value based on its PE Ratio (6.9x) compared to the Infrastructure industry average (7.6x).
PE vs Market: 1052 is good value based on its PE Ratio (6.9x) compared to the Hong Kong market (9.4x).
Price to Earnings Growth Ratio
PEG Ratio: 1052 is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: 1052 is overvalued based on its PB Ratio (0.7x) compared to the HK Infrastructure industry average (0.6x).
Next Steps
Future Growth
How is Yuexiu Transport Infrastructure forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
16.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1052's forecast earnings growth (16% per year) is above the savings rate (1.6%).
Earnings vs Market: 1052's earnings (16% per year) are forecast to grow slower than the Hong Kong market (17.1% per year).
High Growth Earnings: 1052's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1052's revenue (14.2% per year) is forecast to grow faster than the Hong Kong market (10.6% per year).
High Growth Revenue: 1052's revenue (14.2% 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 (11.9%).
Next Steps
Past Performance
How has Yuexiu Transport Infrastructure performed over the past 5 years?
16.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1052 has high quality earnings.
Growing Profit Margin: 1052's current net profit margins (34.2%) are lower than last year (35.4%).
Past Earnings Growth Analysis
Earnings Trend: 1052's earnings have grown by 16.2% per year over the past 5 years.
Accelerating Growth: 1052's earnings growth over the past year (7.9%) is below its 5-year average (16.2% per year).
Earnings vs Industry: 1052 earnings growth over the past year (7.9%) exceeded the Infrastructure industry 4.5%.
Return on Equity
High ROE: 1052's Return on Equity (11.7%) is considered low.
Next Steps
Financial Health
How is Yuexiu Transport Infrastructure's financial position?
Financial Position Analysis
Short Term Liabilities: 1052's short term assets (CN¥1.8B) do not cover its short term liabilities (CN¥2.5B).
Long Term Liabilities: 1052's short term assets (CN¥1.8B) do not cover its long term liabilities (CN¥20.6B).
Debt to Equity History and Analysis
Debt Level: 1052's debt to equity ratio (134.6%) is considered high.
Reducing Debt: 1052's debt to equity ratio has increased from 48.9% to 134.6% over the past 5 years.
Debt Coverage: 1052's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: 1052's interest payments on its debt are well covered by EBIT (4.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Yuexiu Transport Infrastructure's current dividend yield, its reliability and sustainability?
7.44%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1052's dividend (7.44%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.46%).
High Dividend: 1052's dividend (7.44%) is in the top 25% of dividend payers in the Hong Kong market (7.13%)
Stability and Growth of Payments
Stable Dividend: 1052's dividends per share have been stable 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 (51.5%), 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 (51.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Baiqing He (54yo)
no data
Tenure
CN¥3,001,000
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 ($USD422.09K) is about average for companies of similar size in the Hong Kong market ($USD497.29K).
Compensation vs Earnings: Baiqing's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 0.92yr | CN¥3.00m | no data | |
| Deputy Chairman & GM | no data | CN¥3.00m | 0.0031% CN¥260.7k | |
| Executive Director | 2.17yrs | CN¥1.86m | no data | |
| Executive Director | 0.33yr | no data | no data | |
| Company Secretary | 16.42yrs | no data | no data |
1.5yrs
Average Tenure
48.5yo
Average Age
Experienced Management: 1052's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 0.92yr | CN¥3.00m | no data | |
| Deputy Chairman & GM | no data | CN¥3.00m | 0.0031% CN¥260.7k | |
| Executive Director | 2.17yrs | CN¥1.86m | no data | |
| Executive Director | 0.33yr | no data | no data | |
| Independent Non-Executive Director | 23.58yrs | CN¥200.00k | no data | |
| Independent Non-Executive Director | 22.92yrs | CN¥200.00k | 0.030% CN¥2.5m | |
| Independent Non-Executive Director | 23.58yrs | CN¥265.00k | 0.012% CN¥980.8k |
5.9yrs
Average Tenure
54yo
Average Age
Experienced Board: 1052's board of directors are considered experienced (5.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 1052 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
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$8.383b
- Shares outstanding: 1.67b
- Website: https://www.yuexiutransportinfrastructure.com
Number of Employees
Location
- Yuexiu Transport Infrastructure Limited
- 17A, Yue Xiu Building
- 160 Lockhart Road
- Wan Chai
- 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, 2019, the company had a total of 15 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, Suiyuenan Expressway, Hancai Expressway, Han’e Expressway, and Daguangnan Expressway in Hubei Province; Changzhu Expressway in Hunan Province; Jinxiong Expressway in Tianjin municipality; and Weixiu Expressway in Henan Province with a total attributable toll length of approximately 534.9 kilometers. It also leases various 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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/05 12:53 |
| End of Day Share Price | 2020/06/05 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.