Dasin Retail Trust specializes in the investments and owns, develops, and operates land, uncompleted developments, and income-producing real estate properties in Greater China, mainly for retail use. More Details
Fair value second-rate dividend payer.
Share Price & News
How has Dasin Retail Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CEDU has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CEDU exceeded the SG REITs industry which returned -7.2% over the past year.
Return vs Market: CEDU exceeded the SG Market which returned -21.5% over the past year.
Price Volatility Vs. Market
How volatile is Dasin Retail Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StIs Dasin Retail Trust's (SGX:CEDU) Shareholder Ownership Skewed Towards Insiders?
1 month ago | Simply Wall StReflecting on Dasin Retail Trust's (SGX:CEDU) Share Price Returns Over The Last Year
3 months ago | Simply Wall StOne Dasin Retail Trust (SGX:CEDU) Analyst Has Been Cutting Their Forecasts Enthusiastically
Is Dasin Retail Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CEDU (SGD0.81) is trading below our estimate of fair value (SGD1.14)
Significantly Below Fair Value: CEDU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CEDU is unprofitable, so we can't compare its PE Ratio to the SG REITs industry average.
PE vs Market: CEDU 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 CEDU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CEDU is good value based on its PB Ratio (0.6x) compared to the SG REITs industry average (0.8x).
How is Dasin Retail Trust forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CEDU's forecast earnings growth is above the savings rate (2.2%).
Earnings vs Market: Insufficient data to determine if CEDU's earnings are forecast to grow faster than the SG market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CEDU's revenue (29.4% per year) is forecast to grow faster than the SG market (6.3% per year).
High Growth Revenue: CEDU's revenue (29.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CEDU's Return on Equity is forecast to be high in 3 years time
How has Dasin Retail Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CEDU is currently unprofitable.
Growing Profit Margin: CEDU is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CEDU is unprofitable, and losses have increased over the past 5 years at a rate of 77% per year.
Accelerating Growth: Unable to compare CEDU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CEDU is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (-6.7%).
Return on Equity
High ROE: CEDU has a negative Return on Equity (-9.12%), as it is currently unprofitable.
How is Dasin Retail Trust's financial position?
Financial Position Analysis
Short Term Liabilities: CEDU's short term assets (SGD119.7M) do not cover its short term liabilities (SGD471.9M).
Long Term Liabilities: CEDU's short term assets (SGD119.7M) do not cover its long term liabilities (SGD598.5M).
Debt to Equity History and Analysis
Debt Level: CEDU's debt to equity ratio (85.4%) is considered high.
Reducing Debt: Insufficient data to determine if CEDU's debt to equity ratio has reduced over the past 5 years.
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: Whilst unprofitable CEDU has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CEDU is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.8% per year.
What is Dasin Retail Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CEDU's dividend (8.47%) is higher than the bottom 25% of dividend payers in the SG market (2.55%).
High Dividend: CEDU's dividend (8.47%) is in the top 25% of dividend payers in the SG market (5.53%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CEDU has been paying a dividend for less than 10 years.
Growing Dividend: CEDU's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40.9%), CEDU's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Ms. Wang Qiu has been Chief Executive Officer of Dasin Retail Trust Management Pte. Ltd. at Dasin Retail Trust since March 13, 2020.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CEDU insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 19.8%.
Dasin Retail Trust's company bio, employee growth, exchange listings and data sources
- Name: Dasin Retail Trust
- Ticker: CEDU
- Exchange: SGX
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: S$620.525m
- Shares outstanding: 770.84m
- Website: https://dasintrust.com
Number of Employees
- Dasin Retail Trust
- 8 Marina Boulevard No. 14-02
- Marina Bay Financial Centre Tower 1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CEDU||SGX (Singapore Exchange)||Yes||Units||SG||SGD||Jan 2017|
Dasin Retail Trust specializes in the investments and owns, develops, and operates land, uncompleted developments, and income-producing real estate properties in Greater China, mainly for retail use.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/18 19:35|
|End of Day Share Price||2020/09/18 00:00|
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.