SGX:BCD

Stock Analysis Report

China Yuanbang Property Holdings

Executive Summary

China Yuanbang Property Holdings Limited, an investment holding company, develops, manages, markets, and sells residential and commercial properties in the People's Republic of China.


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has China Yuanbang Property Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BCD's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-31.8%

BCD

-1.8%

SG Real Estate

-1.2%

SG Market


1 Year Return

-43.0%

BCD

-9.2%

SG Real Estate

-4.4%

SG Market

Return vs Industry: BCD underperformed the SG Real Estate industry which returned -9.2% over the past year.

Return vs Market: BCD underperformed the SG Market which returned -4.4% over the past year.


Shareholder returns

BCDIndustryMarket
7 Day-31.8%-1.8%-1.2%
30 Day-36.3%-4.9%-3.1%
90 Dayn/a-2.4%-2.3%
1 Year-43.0%-43.0%-6.5%-9.2%-0.5%-4.4%
3 Year-60.2%-60.2%-5.3%-12.7%8.0%-3.4%
5 Year-69.7%-69.7%-9.4%-20.9%7.6%-10.5%

Price Volatility Vs. Market

How volatile is China Yuanbang Property Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Yuanbang Property Holdings 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: BCD (SGD0.19) is trading below our estimate of fair value (SGD0.45)

Significantly Below Fair Value: BCD is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BCD is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.

PE vs Market: BCD is unprofitable, so we can't compare its PE Ratio to the SG market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BCD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BCD is good value based on its PB Ratio (0.1x) compared to the SG Real Estate industry average (0.5x).


Next Steps

Future Growth

How is China Yuanbang Property Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.7%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as China Yuanbang Property Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has China Yuanbang Property Holdings performed over the past 5 years?

22.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BCD is currently unprofitable.

Growing Profit Margin: BCD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BCD is unprofitable, but has reduced losses over the past 5 years at a rate of 22.3% per year.

Accelerating Growth: Unable to compare BCD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BCD is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-36.7%).


Return on Equity

High ROE: BCD has a negative Return on Equity (-6.24%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is China Yuanbang Property Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: BCD's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.8B).

Long Term Liabilities: BCD's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥701.5M).


Debt to Equity History and Analysis

Debt Level: BCD's debt to equity ratio (70.5%) is considered high.

Reducing Debt: BCD's debt to equity ratio has reduced from 172.6% to 70.5% over the past 5 years.


Balance Sheet

Inventory Level: BCD has a high level of physical assets or inventory.

Debt Coverage by Assets: BCD's debt is covered by short term assets (assets are 3.7x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BCD has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: BCD has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is China Yuanbang Property Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.6%markettop25%5.7%industryaverage3.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate BCD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BCD's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BCD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BCD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BCD is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BCD's dividend in 3 years as they are not forecast to pay a notable one for the SG market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.9yrs

Average board tenure


CEO

Sheng Ouyang (55yo)

4.8yrs

Tenure

CN¥716,000

Compensation

Mr. Ouyang Sheng has been the Chief Executive Officer at China Yuanbang Property Holdings Limited since May 8, 2015. Mr. Sheng serves as a Construction Cost Engineer and Senior Project Management Engineer  ...


CEO Compensation Analysis

Compensation vs Market: Sheng's total compensation ($USD102.07K) is below average for companies of similar size in the SG market ($USD337.44K).

Compensation vs Earnings: Sheng's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Sheng Ouyang
CEO & Executive Director4.8yrsCN¥716.00kno data
Jiangtao Zhou
Executive Director3.2yrsCN¥447.00kno data
Yi-Dar Teo
Lead Independent Director0yrsCN¥272.00kno data
Yeju Lin
Non-Executive Chairman5yrsCN¥433.00kno data
Soo Hoon Chong
Independent Director4.9yrsCN¥248.00kno data
Weichang Xia
Independent Director2.9yrsCN¥125.00kno data

4.9yrs

Average Tenure

49yo

Average Age

Experienced Board: BCD's board of directors are considered experienced (4.9 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

China Yuanbang Property Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Yuanbang Property Holdings Limited
  • Ticker: BCD
  • Exchange: SGX
  • Founded: 2006
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: S$19.432m
  • Shares outstanding: 69.40m
  • Website: https://www.yuanbang.com

Number of Employees


Location

  • China Yuanbang Property Holdings Limited
  • Yuanbang Building
  • 9th Floor
  • Guangzhou
  • Guangdong Province
  • 510430
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCDSGX (Singapore Exchange)YesOrdinary SharesSGSGDMay 2007
KOH1DB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 2007

Biography

China Yuanbang Property Holdings Limited, an investment holding company, develops, manages, markets, and sells residential and commercial properties in the People's Republic of China. It is also involved in the tourism and resorts development operations; hotel business; agricultural tourism; and property investment activities. The company targets the middle to upper-middle income market segments. China Yuanbang Property Holdings Limited was incorporated in 2006 and is based in Guangzhou, China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 12:54
End of Day Share Price2020/02/26 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.