Shang Properties (PSE:SHNG) - Stock Price, News & Analysis

SHNG Stock Overview

Shang Properties, Inc., together with its subsidiaries, engages in property investment and development business primarily in the Philippines.

About the company

SHNG fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	3/6
Dividends	4/6

Rewards

Price-To-Earnings ratio (3.2x) is below the PH market (10.1x)

Earnings grew by 51.8% over the past year

Risk Analysis

Dividend of 7.85% is not well covered by cash flows

Shang Properties, Inc. Competitors

Robinsons Land

PSE:RLC

₱76.0b

Century Properties Group

PSE:CPG

₱3.3b

Philippine Estates

PSE:PHES

₱939.6m

Philippine Realty and Holdings

PSE:RLT

₱1.4b

Price History & Performance

Summary of all time highs, changes and price drops for Shang Properties
Historical stock prices
Current Share Price	₱3.69
52 Week High	₱4.00
52 Week Low	₱2.60
Beta	0.13
1 Month Change	-2.89%
3 Month Change	-5.38%
1 Year Change	40.84%
3 Year Change	37.17%
5 Year Change	21.38%
Change since IPO	313.81%

Recent updates

Shareholder Returns

	SHNG	PH Real Estate	PH Market
7D	3.9%	-4.3%	-2.0%
1Y	40.8%	-7.9%	-1.2%

Return vs Industry: SHNG exceeded the PH Real Estate industry which returned -7.7% over the past year.

Return vs Market: SHNG exceeded the PH Market which returned -1.2% over the past year.

Price Volatility

Is SHNG's price volatile compared to industry and market?
SHNG volatility
SHNG Average Weekly Movement	3.7%
Real Estate Industry Average Movement	6.4%
Market Average Movement	4.9%
10% most volatile stocks in PH Market	11.4%
10% least volatile stocks in PH Market	2.5%

Stable Share Price: SHNG has not had significant price volatility in the past 3 months.

Volatility Over Time: SHNG's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1987	985	n/a	www.shangproperties.com

Shang Properties, Inc., together with its subsidiaries, engages in property investment and development business primarily in the Philippines. The company operates through Property Development, Hotel Operation, Leasing, and Other Business segments. It develops and sells residential and condominium units.

Shang Properties, Inc. Fundamentals Summary

How do Shang Properties's earnings and revenue compare to its market cap?
SHNG fundamental statistics
Market cap	₱17.57b
Earnings (TTM)	₱5.52b
Revenue (TTM)	₱12.28b

3.2x

P/E Ratio

1.4x

P/S Ratio

Is SHNG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SHNG income statement (TTM)
Revenue	₱12.28b
Cost of Revenue	₱3.49b
Gross Profit	₱8.79b
Other Expenses	₱3.27b
Earnings	₱5.52b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	1.16
Gross Margin	71.59%
Net Profit Margin	44.95%
Debt/Equity Ratio	20.0%

How did SHNG perform over the long term?

See historical performance and comparison

Dividends

7.9%

Current Dividend Yield

25%

Payout Ratio

SHNG Stock Overview

Rewards

Risk Analysis

Shang Properties, Inc. Competitors

PSE:RLC

₱76.0b

PSE:CPG

₱3.3b

PSE:PHES

₱939.6m

PSE:RLT

₱1.4b

Price History & Performance

Recent News & Updates

Full year 2023 earnings released: EPS: ₱1.16 (vs ₱0.76 in FY 2022)

Dividend increased to ₱0.16

Third quarter 2023 earnings released: EPS: ₱0.52 (vs ₱0.20 in 3Q 2022)

Now 20% undervalued

Now 21% undervalued

Now 20% undervalued

Recent updates

Full year 2023 earnings released: EPS: ₱1.16 (vs ₱0.76 in FY 2022)

Dividend increased to ₱0.16

Third quarter 2023 earnings released: EPS: ₱0.52 (vs ₱0.20 in 3Q 2022)

Now 20% undervalued

Now 21% undervalued

Now 20% undervalued

Upcoming dividend of ₱0.13 per share at 8.6% yield

Shang Properties, Inc. Approves Declaration of Regular Cash Dividends, Payment Date of Sep. 22, 2023

Second quarter 2023 earnings released: EPS: ₱0.26 (vs ₱0.22 in 2Q 2022)

Shang Properties, Inc. Announces Resignation of Jose Juan Z. Jugo as Executive Vice President and Member of the Board of Director, Effective on July 31, 2023

Shang Properties, Inc., Annual General Meeting, Jun 28, 2023

Full year 2022 earnings released: EPS: ₱0.76 (vs ₱0.45 in FY 2021)

Upcoming dividend of ₱0.15 per share at 11% yield

Executive VP for Operations & Director recently bought ₱2.4m worth of stock

Shang Properties, Inc. Appoints Mabel P. Tacorda as Chief Financial Officer

Shang Properties, Inc. Announces Death of Alfredo C. Ramos, Vice Chairman/Director

Third quarter 2022 earnings released: EPS: ₱0.20 (vs ₱0.066 in 3Q 2021)

Less than half of directors are independent

Upcoming dividend of ₱0.095 per share

Shang Properties, Inc. Declares Cash Dividend, Payable on or Before September 27, 2022

Second quarter 2022 earnings released: EPS: ₱0.22 (vs ₱0.23 in 2Q 2021)

First quarter 2022 earnings released: EPS: ₱0.10 (vs ₱0.081 in 1Q 2021)

Less than half of directors are independent

Shang Properties, Inc., Annual General Meeting, Jun 22, 2022

Upcoming dividend of ₱0.07 per share

Third quarter 2021 earnings released: EPS ₱0.066 (vs ₱0.09 in 3Q 2020)

Upcoming dividend of ₱0.044 per share

Second quarter 2021 earnings released: EPS ₱0.23 (vs ₱0.02 in 2Q 2020)

Full year 2020 earnings released: EPS ₱0.31 (vs ₱0.64 in FY 2019)

Upcoming dividend of ₱0.08 per share

New 90-day high: ₱2.76

New 90-day low: ₱2.64

Shang Properties, Inc Announces Executive Changes

Shang Properties, Inc. Announces Committee Appointments

New 90-day high: ₱2.75

Third quarter earnings released

New 90-day low: ₱2.50

Upcoming Dividend of ₱0.044 Per Share

First half earnings released

Shareholder Returns

Price Volatility

About the Company

Shang Properties, Inc. Fundamentals Summary

3.2x

1.4x

Earnings & Revenue

Dividends

7.9%

25%