SGX:BTF

Stock Analysis Report

Debao Property Development

Executive Summary

Debao Property Development Ltd., an investment holding company, operates as an integrated property developer in the People’s Republic of China.


Snowflake Analysis

Overvalued with worrying balance sheet.

Share Price & News

How has Debao Property Development's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

6.8%

BTF

3.1%

SG Real Estate

4.8%

SG Market


1 Year Return

n/a

BTF

-29.9%

SG Real Estate

-23.8%

SG Market

Return vs Industry: Insufficient data to determine how BTF performed against the SG Real Estate industry.

Return vs Market: Insufficient data to determine how BTF performed against the SG Market.


Shareholder returns

BTFIndustryMarket
7 Day6.8%3.1%4.8%
30 Day11.4%-21.2%-20.5%
90 Day16.4%-25.6%-23.5%
1 Yearn/a-27.3%-29.9%-20.5%-23.8%
3 Year-74.0%-74.0%-30.3%-36.3%-17.1%-26.0%
5 Year-63.3%-65.3%-27.9%-37.6%-15.4%-29.8%

Price Volatility Vs. Market

How volatile is Debao Property Development's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Debao Property Development undervalued compared to its fair value and its price relative to the market?

0.038x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BTF's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BTF's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: BTF 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 BTF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BTF is good value based on its PB Ratio (0x) compared to the SG Real Estate industry average (0.4x).


Next Steps

Future Growth

How is Debao Property Development forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.1%

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 Debao Property Development 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 Debao Property Development performed over the past 5 years?

-59.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BTF is currently unprofitable.

Growing Profit Margin: BTF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BTF is unprofitable, and losses have increased over the past 5 years at a rate of -59.4% per year.

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

Earnings vs Industry: BTF is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-30.5%).


Return on Equity

High ROE: BTF has a negative Return on Equity (-26.95%), as it is currently unprofitable.


Next Steps

Financial Health

How is Debao Property Development's financial position?


Financial Position Analysis

Short Term Liabilities: BTF's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.4B).

Long Term Liabilities: BTF's short term assets (CN¥1.8B) do not cover its long term liabilities (CN¥1.8B).


Debt to Equity History and Analysis

Debt Level: BTF's debt to equity ratio (249.7%) is considered high.

Reducing Debt: BTF's debt to equity ratio has increased from 177.6% to 249.7% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: BTF's debt is not covered by short term assets (assets are 1x 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: BTF has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BTF has less than a year of cash runway if free cash flow continues to reduce at historical rates of -2.5% each year


Next Steps

Dividend

What is Debao Property Development's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate BTF'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 BTF's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BTF'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?

1.9yrs

Average management tenure


CEO

Yuzhao Zhong (43yo)

1.92s

Tenure

Mr. Yuzhao Zhong has been Chief Executive Officer of Debao Property Development Ltd. since April 19, 2018 and as its Executive Director since November 23, 2009. Mr. Zhong is responsible for the overall man ...


Leadership Team

NamePositionTenureCompensationOwnership
Yuzhao Zhong
CEO & Executive Director1.92yrsno data3.69% CN¥216.1k
Hung Tsang
Chief Financial Officer1.42yrsno datano data
Zai Ming Fang
Sales General Manager8.17yrsno datano data
Haifeng Lu
Chief Marketing Officer1.08yrsno datano data
Mao Zhang
Executive Director10.33yrsno data3.31% CN¥193.6k
Jiajun Yuan
Executive Director1.92yrsno data2.43% CN¥142.4k
Zhonghua Tang
General Manager of Malaysian Subsidiaries3yrsno datano data
Janet Tan
Company Secretaryno datano datano data

1.9yrs

Average Tenure

49yo

Average Age

Experienced Management: BTF's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Yuzhao Zhong
CEO & Executive Director1.92yrsno data3.69% CN¥216.1k
Mao Zhang
Executive Director10.33yrsno data3.31% CN¥193.6k
Jiajun Yuan
Executive Director1.92yrsno data2.43% CN¥142.4k
Seng Hee Chia
Non-Executive Independent Director6.83yrsno datano data
Ka Keung Miu
Independent Director1.08yrsno datano data
Chung Yee Ling
Lead Independent Director1.08yrsno datano data

4.4yrs

Average Tenure

47.5yo

Average Age

Experienced Board: BTF's board of directors are considered experienced (4.4 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

Debao Property Development Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Debao Property Development Ltd.
  • Ticker: BTF
  • Exchange: SGX
  • Founded: 2000
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: S$5.850m
  • Shares outstanding: 75.00m
  • Website: https://www.fsnhdebao.com

Location

  • Debao Property Development Ltd.
  • No. 7, Jiangnan Mingju Xi Yuan
  • Ground Floor
  • Foshan
  • Guangdong Province
  • 528200
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BTFSGX (Singapore Exchange)YesOrdinary SharesSGSGDApr 2010
DE71DB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 2010

Biography

Debao Property Development Ltd., an investment holding company, operates as an integrated property developer in the People’s Republic of China. The company operates through four segments: Property Development, Construction Contract, Property Investment, and Property Management. It develops residential and commercial properties. The company also provides property investment and management services. In addition, it is involved in the construction activities. The company was founded in 2000 and is based in Foshan, the People’s Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/27 13:18
End of Day Share Price2020/03/23 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.