Yanlord Land Group
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Yanlord Land Group Limited, an investment holding company, engages in the property development activities in the People's Republic of China. The last earnings update was 10 days ago. More info.
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Z25 Share Price and Events
7 Day Returns
1 Year Returns
Z25 Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Yanlord Land Group (Z25) | -0.7% | 8.8% | 17.5% | -12.9% | 20.3% | 28.1% |
| SG Real Estate | 0.2% | 2.4% | 6.4% | -7.5% | 5.6% | -5.3% |
| SG Market | 0.3% | 3.1% | 3.7% | -6.7% | 8% | -3.3% |
1 Year Return vs Industry and Market
- Z25 underperformed the Real Estate industry which returned -7.5% over the past year.
- Z25 underperformed the Market in Singapore which returned -6.7% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Yanlord Land Group
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Yanlord Land Group.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 4 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 14.2% |
| Perpetual Growth Rate | 10-Year SG Government Bond Rate | 2.3% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year SG Govt Bond Rate | 2.3% |
| Equity Risk Premium | S&P Global | 6% |
| Real Estate Unlevered Beta | Simply Wall St/ S&P Global | 1.1 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.099 (1 + (1- 17%) (308.95%)) |
2.954 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
2 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.3% + (2 * 5.96%) |
14.22% |
Discounted Cash Flow Calculation for SGX:Z25 using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Yanlord Land Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (CNY, Millions) | Source |
Present Value Discounted (@ 14.22%) |
|
|---|---|---|---|
| 2019 | 519.25 | Est @ -41.49% | 454.59 |
| 2020 | 372.05 | Est @ -28.35% | 285.16 |
| 2021 | 300.79 | Est @ -19.15% | 201.84 |
| 2022 | 262.54 | Est @ -12.72% | 154.23 |
| 2023 | 240.98 | Est @ -8.21% | 123.94 |
| 2024 | 228.80 | Est @ -5.06% | 103.02 |
| 2025 | 222.28 | Est @ -2.85% | 87.62 |
| 2026 | 219.38 | Est @ -1.3% | 75.71 |
| 2027 | 218.90 | Est @ -0.22% | 66.14 |
| 2028 | 220.07 | Est @ 0.54% | 58.21 |
| Present value of next 10 years cash flows | CN¥1,610.48 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= CN¥220.07 × (1 + 2.3%) ÷ (14.22% – 2.3%) |
CN¥1,888.76 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= CN¥1,888.76 ÷ (1 + 14.22%)10 |
CN¥499.62 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= CN¥1,610.48 + CN¥499.62 |
CN¥2,110.10 |
| Equity Value per Share (CNY) |
= Total value / Shares Outstanding
= CN¥2,110.10 / 1,931.54 |
CN¥1.09 |
| Calculation | Result | |
|---|---|---|
| Exchange Rate | CNY/SGD
(Reporting currency to currency of SGX:Z25) |
0.202 |
| Value per Share (SGD) |
= Value per Share in CNY x Exchange Rate (CNY/SGD)
= CN¥1.09 x 0.202 |
SGD0.22 |
| Value per share (SGD) | From above. | SGD0.22 |
| Current discount | Discount to share price of
SGD1.48
= -1 x (SGD1.48 - SGD0.22) / SGD0.22 |
-570.2% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Yanlord Land Group is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Yanlord Land Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Yanlord Land Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in CNY | CN¥1.84 |
| SGX:Z25 Share Price ** | SGX (2019-04-18) in SGD | SGD1.48 |
| SGX:Z25 Share Price converted to CNY reporting currency | Exchange rate (SGD/ CNY) 4.947 | CN¥7.32 |
| Singapore Real Estate Industry PE Ratio | Median Figure of 38 Publicly-Listed Real Estate Companies | 9.52x |
| Singapore Market PE Ratio | Median Figure of 328 Publicly-Listed Companies | 13.18x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Yanlord Land Group.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = SGX:Z25 Share Price ÷ EPS (both in CNY) = 7.32 ÷ 1.84 |
3.99x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Yanlord Land Group is good value based on earnings compared to the SG Real Estate industry average.
- Yanlord Land Group is good value based on earnings compared to the Singapore market.
Price based on expected Growth
Does
Yanlord Land Group's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 3.99x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts |
-22%per year |
| Singapore Real Estate Industry PEG Ratio | Median Figure of 14 Publicly-Listed Real Estate Companies | -0.16x |
| Singapore Market PEG Ratio | Median Figure of 119 Publicly-Listed Companies | 1.6x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 3.99x ÷ -22% |
-0.18x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Yanlord Land Group earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Yanlord Land Group's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in CNY | CN¥12.96 |
| SGX:Z25 Share Price * | SGX (2019-04-18) in SGD | SGD1.48 |
| SGX:Z25 Share Price converted to CNY reporting currency | Exchange rate (SGD/ CNY) 4.947 | CN¥7.32 |
| Singapore Real Estate Industry PB Ratio | Median Figure of 46 Publicly-Listed Real Estate Companies | 0.59x |
| Singapore Market PB Ratio | Median Figure of 432 Publicly-Listed Companies | 0.75x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = SGX:Z25 Share Price ÷ Book Value per Share (both in CNY) = 7.32 ÷ 12.96 |
0.56x |
* Primary Listing of Yanlord Land Group.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Yanlord Land Group is good value based on assets compared to the SG Real Estate industry average.
Value checks
We assess Yanlord Land Group's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check) Yanlord Land Group has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Yanlord Land Group's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.3%.
Growth vs Market Checks
- Yanlord Land Group's earnings are expected to decrease over the next 1-3 years, this is below the Singapore market average.
- Yanlord Land Group's revenue growth is expected to exceed the Singapore market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| SGX:Z25 Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts | -22% |
| SGX:Z25 Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts | 8.8% |
| Singapore Real Estate Industry Earnings Growth Rate | Market Cap Weighted Average | -10.1% |
| Singapore Real Estate Industry Revenue Growth Rate | Market Cap Weighted Average | 3% |
| Singapore Market Earnings Growth Rate | Market Cap Weighted Average | 5.7% |
| Singapore Market Revenue Growth Rate | Market Cap Weighted Average | 4.7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
| Date (Data in CNY Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 33,865 | 1,708 | 2 | |
| 2020-12-31 | 27,435 | -522 | 2,559 | 4 |
| 2019-12-31 | 25,815 | 119 | 3,810 | 3 |
| Date (Data in CNY Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 24,888 | 1,510 | 3,545 |
| 2018-09-30 | 33,839 | 3,012 | 4,480 |
| 2018-06-30 | 31,891 | -3,856 | 4,095 |
| 2018-03-31 | 26,505 | -4,363 | 3,079 |
| 2017-12-31 | 25,638 | -10,647 | 3,216 |
| 2017-09-30 | 24,264 | -8,112 | 3,573 |
| 2017-06-30 | 26,006 | -2,226 | 3,510 |
| 2017-03-31 | 29,132 | 1,115 | 3,371 |
| 2016-12-31 | 25,664 | 10,289 | 2,697 |
| 2016-09-30 | 26,000 | 10,802 | 2,375 |
| 2016-06-30 | 23,488 | 14,003 | 1,866 |
| 2016-03-31 | 18,424 | 16,400 | 1,713 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
All data from Yanlord Land Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in CNY Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 1.63 | 2.38 | 0.88 | 2.00 |
| 2020-12-31 | 1.51 | 2.06 | 0.77 | 4.00 |
| 2019-12-31 | 1.90 | 2.19 | 1.74 | 3.00 |
| Date (Data in CNY Millions) | EPS * |
|---|---|
| 2018-12-31 | 1.84 |
| 2018-09-30 | 2.32 |
| 2018-06-30 | 2.12 |
| 2018-03-31 | 1.59 |
| 2017-12-31 | 1.66 |
| 2017-09-30 | 1.84 |
| 2017-06-30 | 1.81 |
| 2017-03-31 | 1.73 |
| 2016-12-31 | 1.39 |
| 2016-09-30 | 1.22 |
| 2016-06-30 | 0.96 |
| 2016-03-31 | 0.88 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Yanlord Land Group's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Singapore market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Singapore market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Yanlord Land Group has a total score of 1/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Yanlord Land Group performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Yanlord Land Group has delivered over 20% year on year earnings growth in the past 5 years.
- Yanlord Land Group's 1-year earnings growth is less than its 5-year average (10.2% vs 25.7%)
- Yanlord Land Group's earnings growth has exceeded the SG Real Estate industry average in the past year (10.2% vs 5.7%).
Earnings and Revenue History
All data from Yanlord Land Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in CNY Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 24,888.04 | 3,544.57 | 1,353.64 | |
| 2018-09-30 | 33,838.62 | 4,480.02 | 1,307.18 | |
| 2018-06-30 | 31,891.12 | 4,095.13 | 1,246.42 | |
| 2018-03-31 | 26,505.12 | 3,079.43 | 1,264.68 | |
| 2017-12-31 | 25,638.41 | 3,216.44 | 1,139.87 | |
| 2017-09-30 | 24,264.35 | 3,573.20 | 1,089.94 | |
| 2017-06-30 | 26,005.77 | 3,509.84 | 1,057.61 | |
| 2017-03-31 | 29,132.20 | 3,371.34 | 1,021.32 | |
| 2016-12-31 | 25,664.41 | 2,697.36 | 992.15 | |
| 2016-09-30 | 25,999.85 | 2,374.58 | 935.93 | |
| 2016-06-30 | 23,488.06 | 1,866.09 | 1,097.94 | |
| 2016-03-31 | 18,424.05 | 1,713.22 | 1,022.46 | |
| 2015-12-31 | 16,581.36 | 1,468.54 | 1,082.82 | |
| 2015-09-30 | 13,830.97 | 1,325.39 | 1,067.30 | |
| 2015-06-30 | 11,814.52 | 1,278.12 | 859.98 | |
| 2015-03-31 | 10,983.49 | 1,121.85 | 895.55 | |
| 2014-12-31 | 11,735.97 | 1,372.40 | 766.69 | |
| 2014-09-30 | 8,959.67 | 1,382.51 | 770.08 | |
| 2014-06-30 | 11,490.03 | 1,680.82 | 695.81 | |
| 2014-03-31 | 11,364.35 | 1,672.45 | 730.02 | |
| 2013-12-31 | 11,280.11 | 1,473.75 | 775.43 | |
| 2013-09-30 | 11,162.54 | 970.15 | 722.67 | |
| 2013-06-30 | 10,165.20 | 1,026.02 | 753.73 | |
| 2013-03-31 | 11,514.81 | 1,755.17 | 682.75 | |
| 2012-12-31 | 10,301.87 | 1,823.50 | 573.13 | |
| 2012-09-30 | 10,389.43 | 2,401.01 | 543.34 | |
| 2012-06-30 | 8,588.52 | 2,044.97 | 624.73 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Yanlord Land Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Yanlord Land Group used its assets less efficiently than the SG Real Estate industry average last year based on Return on Assets.
- Yanlord Land Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Yanlord Land Group's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Yanlord Land Group has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Yanlord Land Group's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Yanlord Land Group's finances.
The net worth of a company is the difference between its assets and liabilities.
- Yanlord Land Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Yanlord Land Group's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Yanlord Land Group Company Filings, last reported 3 months ago.
| Date (Data in CNY Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 32,878.62 | 43,689.28 | 10,317.37 |
| 2018-09-30 | 32,275.18 | 39,672.24 | 10,615.88 |
| 2018-06-30 | 33,037.70 | 37,823.53 | 11,807.40 |
| 2018-03-31 | 34,318.90 | 33,808.70 | 16,235.46 |
| 2017-12-31 | 32,702.81 | 34,453.70 | 17,798.31 |
| 2017-09-30 | 29,709.61 | 36,518.12 | 16,416.91 |
| 2017-06-30 | 30,089.43 | 34,524.74 | 16,090.21 |
| 2017-03-31 | 29,795.86 | 27,075.20 | 13,089.92 |
| 2016-12-31 | 30,009.56 | 23,723.57 | 17,583.38 |
| 2016-09-30 | 30,322.06 | 19,975.50 | 16,837.11 |
| 2016-06-30 | 29,949.31 | 19,587.48 | 18,955.44 |
| 2016-03-31 | 30,638.82 | 16,411.12 | 16,547.36 |
| 2015-12-31 | 30,534.45 | 18,542.78 | 17,536.50 |
| 2015-09-30 | 29,195.01 | 18,767.04 | 12,138.79 |
| 2015-06-30 | 29,265.35 | 19,574.24 | 7,991.31 |
| 2015-03-31 | 29,352.56 | 20,069.68 | 6,224.25 |
| 2014-12-31 | 29,061.80 | 19,899.16 | 6,570.45 |
| 2014-09-30 | 27,574.78 | 18,976.46 | 3,794.70 |
| 2014-06-30 | 27,473.73 | 19,341.32 | 5,346.43 |
| 2014-03-31 | 27,725.10 | 18,739.97 | 5,891.78 |
| 2013-12-31 | 27,858.38 | 17,533.30 | 7,093.10 |
| 2013-09-30 | 26,844.11 | 15,772.49 | 5,217.67 |
| 2013-06-30 | 26,607.47 | 15,744.22 | 4,277.38 |
| 2013-03-31 | 26,622.56 | 14,193.47 | 3,235.95 |
| 2012-12-31 | 26,683.26 | 13,586.44 | 3,551.89 |
| 2012-09-30 | 25,299.13 | 13,959.04 | 3,385.84 |
| 2012-06-30 | 24,904.57 | 15,910.55 | 4,911.11 |
- Yanlord Land Group's level of debt (132.9%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (63% vs 132.9% today).
- Debt is not well covered by operating cash flow (3.5%, less than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 71x coverage).
Financial health checks
We assess Yanlord Land Group's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Yanlord Land Group has a total score of 3/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Yanlord Land Group's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
SGD2,000 of
Yanlord Land Group
shares you are expected to receive
SGD91
in your first year as a dividend.
Dividend Amount
- Yanlord Land Group's pays a higher dividend yield than the bottom 25% of dividend payers in Singapore (2.5%).
- Yanlord Land Group's dividend is below the markets top 25% of dividend payers in Singapore (5.43%).
Upcoming dividend payment
Purchase Yanlord Land Group before the 'Buy Limit' to receive their next dividend payment.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
| Singapore Real Estate Industry Average Dividend Yield | Market Cap Weighted Average of 34 Stocks | 3% |
| Singapore Market Average Dividend Yield | Market Cap Weighted Average of 278 Stocks | 3.9% |
| Singapore Minimum Threshold Dividend Yield | 10th Percentile | 1.6% |
| Singapore Bottom 25% Dividend Yield | 25th Percentile | 2.5% |
| Singapore Top 25% Dividend Yield | 75th Percentile | 5.4% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in CN¥) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-12-31 | 0.34 | 4.00 |
| 2020-12-31 | 0.32 | 5.00 |
| 2019-12-31 | 0.35 | 5.00 |
| Date (Data in CN¥) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-04-09 | 0.333 | 4.528 |
| 2019-02-27 | 0.333 | 4.902 |
| 2018-04-03 | 0.333 | 4.680 |
| 2017-04-10 | 0.209 | 2.426 |
| 2016-04-07 | 0.069 | 1.064 |
| 2015-04-08 | 0.063 | 1.287 |
| 2014-04-07 | 0.064 | 1.232 |
| 2013-04-08 | 0.094 | 1.557 |
| 2012-11-12 | 0.000 | 0.000 |
| 2012-08-13 | 0.000 | 0.000 |
| 2012-05-14 | 0.000 | 0.000 |
| 2012-04-16 | 0.000 | 0.000 |
| 2012-04-12 | 0.000 | 0.000 |
| 2012-02-29 | 0.000 | 0.000 |
| 2011-03-14 | 0.060 | 1.052 |
| 2011-03-01 | 0.060 | 0.813 |
| 2010-04-12 | 0.081 | 0.981 |
| 2010-02-25 | 0.081 | 0.869 |
| 2009-04-20 | 0.056 | 0.579 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
Yanlord Land Group's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are well covered by earnings (5.5x coverage).
- Dividends after 3 years are expected to be well covered by earnings (5.9x coverage).
Income/ dividend checks
We assess Yanlord Land Group's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Yanlord Land Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Yanlord Land Group has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| AGE | 60 |
| TENURE AS CEO | 39.3 years |
CEO Bio
Mr. Zhong Sheng Jian is the Founder of Yanlord Land Group Limited and Yanlord Land (HK) Co., Ltd. Mr. Zhong has been Chief Executive Officer of Yanlord Land Group Limited since 1993 and serves as its Chairman. He serves as Chairman and Chief Executive Officer at Yanlord Land (HK) Co., Ltd. Mr. Zhong is responsible for overall group management and strategy development at Yanlord Land Group. Mr. Jian serves as Executive Chairman at United Engineers Ltd since September 2017. He serves as an Honorary Business Advisor in China Affairs to International Enterprise Singapore. In 1980s, Mr. Zhong founded and established a number of businesses in trading, manufacturing, real estate and financial services spanning China, Singapore, Hong Kong, Indonesia, Malaysia and Australia. He started Yanlord property development business in the early 1990s through the setting up of its offices in Shanghai and Nanjing. Mr. Zhong is a member of several China-Singapore investment and trade committees, including Sichuan Singapore Trade and Investment Committee, Singapore-Tianjin Economic & Trade Council, Singapore Jiangsu Cooperation Council and Network China. He has been an Executive Director of Yanlord Land Group Limited since April 24, 2009 and first appointed to its Board of Directors on February 13, 2006. He serves as a Director at Singapore Intelligent Eco Island Development Pte. Ltd. (SIECO), Sino-Singapore Yanlord (Haimen) Yangtze Eco Hi-Tech City Co., Ltd. and Yanlord Real Estate (Chengdu) Co., Ltd. He serves as a Director at Yanlord Land Investment Management (Shanghai) Co., Ltd. He serves as the Chairman of Sino-Singapore Nanjing Eco Hi-tech Island Development Co., Ltd and Sino-Singapore Nanjing Eco Hi-Tech Island Investment and Development Co., Ltd. Mr. Zhong is a member of the Tianjin People's Political Consultative Conference Standing Committee. In addition, he is an ambassador for “The Singapore Promise“ International Campaign managed by the Prime Minister's Office, Singapore. Due to his investments in and contribution to various parts of China, Mr. Zhong was awarded Honorary Citizenships in Nanjing, Zhuhai and Shanwei in the PRC. In 2005, he was also awarded the White Magnolia Award in Shanghai for his contributions to the Municipality City of Shanghai.
CEO Compensation
- Insufficient data for Sheng Jian to compare compensation growth.
- Insufficient data for Sheng Jian to establish whether their remuneration is reasonable compared to companies of similar size in Singapore.
Management Team Tenure
Average tenure and age of the Yanlord Land Group management team in years:
- The average tenure for the Yanlord Land Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Siliang Zhong
Executive Director
40
Yiu Ling Chan
Executive Director
54
Sheng Jian Zhong
Chairman & CEO
60
39.3 yrs
Jim Chan
Group Financial Controller
47
16.3 yrs
Jeng Yim
Corporate & Investor Relations Manager
Hao Ning Zhang
Executive Vice President of Project Development
50
6.9 yrs
Chen Ping
Executive Vice President of Property Management
55
6.3 yrs
Ming Zhong
Executive Director
31
Xi Wang
Executive Vice President
48
2.4 yrs
Ean Sau
Company Secretary
0.3 yrs
Board of Directors Tenure
Average tenure and age of the Yanlord Land Group board of directors in years:
- The average tenure for the Yanlord Land Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Siliang Zhong
Executive Director
40
12.9 yrs
Yiu Ling Chan
Executive Director
54
12.9 yrs
Sheng Jian Zhong
Chairman & CEO
60
39.3 yrs
Ming Zhong
Executive Director
31
2.5 yrs
Ronald Seah
Lead Independent Director
70
12.9 yrs
Shin Ein Ng
Independent Director
43
12.9 yrs
Theng-Fong Hee
Independent Director
63
1.5 yrs
Pian Tee Hong
Independent Director
73
0.6 yrs
Who owns this company?
Recent Insider Trading
- More shares have been bought than sold by Yanlord Land Group insiders in the past 3 months.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (SGD) | Value (SGD) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 08. Mar 19 | Buy | Pian Tee Hong | Individual | 06. Mar 19 | 06. Mar 19 | 100,000 | SGD1.37 | SGD137,000 | ||
| 04. Jul 18 | Buy | Sheng Jian Zhong | Individual | 02. Jul 18 | 03. Jul 18 | 1,325,900 | SGD1.53 | SGD2,016,260 | ||
| 26. Jun 18 | Buy | Sheng Jian Zhong | Individual | 22. Jun 18 | 25. Jun 18 | 1,233,300 | SGD1.64 | SGD2,015,144 | ||
| 22. Jun 18 | Buy | Sheng Jian Zhong | Individual | 20. Jun 18 | 21. Jun 18 | 3,150,000 | SGD1.65 | SGD5,186,336 | ||
| 11. Jun 18 | Buy | Sheng Jian Zhong | Individual | 07. Jun 18 | 07. Jun 18 | 138,600 | SGD1.73 | SGD239,778 | ||
| 01. Jun 18 | Buy | Sheng Jian Zhong | Individual | 30. May 18 | 30. May 18 | 200,000 | SGD1.65 | SGD330,000 | ||
| 25. May 18 | Buy | Sheng Jian Zhong | Individual | 25. May 18 | 25. May 18 | 5,400,000 | SGD1.67 | SGD9,017,997 | ||
| 25. May 18 | Buy | Sheng Jian Zhong | Individual | 24. May 18 | 24. May 18 | 1,728,700 | SGD1.72 | SGD2,981,142 | ||
| 23. May 18 | Buy | Sheng Jian Zhong | Individual | 21. May 18 | 23. May 18 | 3,579,900 | SGD1.74 | SGD6,160,725 | ||
| 17. May 18 | Buy | Sheng Jian Zhong | Individual | 15. May 18 | 17. May 18 | 9,111,300 | SGD1.75 | SGD15,702,438 | ||
Management checks
We assess Yanlord Land Group's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Yanlord Land Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Should You Take Comfort From Insider Transactions At Yanlord Land Group Limited (SGX:Z25)?
So we'll take a look at whether insiders have been buying or selling shares in Yanlord Land Group Limited (SGX:Z25). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … In the last twelve months Yanlord Land Group insiders were buying shares, but not selling
Simply Wall St - – Full articleIs Yanlord Land Group Limited's (SGX:Z25) Balance Sheet A Threat To Its Future?
However, an important fact which most ignore is: how financially healthy is the business? … Understanding the company's financial health becomes. … We'll look at some basic checks that can form a snapshot the company’s financial strength.
Simply Wall St - – Full articleWant To Invest In Yanlord Land Group Limited (SGX:Z25)? Here's How It Performed Lately
Analyzing Yanlord Land Group Limited's (SGX:Z25) track record of past performance is a valuable exercise for investors. … Today I will assess Z25's recent performance announced on 31 December 2018 and compare these figures to its long-term trend and industry movements. … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 26%, indicating the rate at which Z25 is growing has slowed down
Simply Wall St - – Full articleShould You Think About Buying Yanlord Land Group Limited (SGX:Z25) Now?
Yanlord Land Group Limited (SGX:Z25), which is in the real estate business, and is based in Singapore,. … As a stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … Let’s examine Yanlord Land Group’s valuation and outlook in more detail to determine if there’s still a bargain opportunity
Simply Wall St - – Full articleShould Yanlord Land Group Be Disappointed With Their 33% Profit?
Notably, the Yanlord Land Group Limited (SGX:Z25) share price has gained 33% in three years, which is better than the average market return. … During three years of share price growth, Yanlord Land Group achieved compound earnings per share growth of 49% per year. … The average annual share price increase of 9.9% is actually lower than the EPS growth.
Simply Wall St - – Full articleIs Yanlord Land Group Limited (SGX:Z25) A Smart Pick For Income Investors?
Historically, Yanlord Land Group Limited (SGX:Z25) has been paying a dividend to shareholders. … Let's dig deeper into whether Yanlord Land Group should have a place in your portfolio. … View our latest analysis for Yanlord Land Group?
Simply Wall St - – Full articleWhy I Like Yanlord Land Group Limited (SGX:Z25)
Yanlord Land Group Limited (SGX:Z25) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … In the case of Z25, it
Simply Wall St - – Full articleWhat Investors Should Know About Yanlord Land Group Limited's (SGX:Z25) Financial Strength
While small-cap stocks, such as Yanlord Land Group Limited (SGX:Z25) with its market cap of S$2.5b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Assessing first and foremost the financial health is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.
Simply Wall St - – Full articleWhat Kind Of Shareholders Own Yanlord Land Group Limited (SGX:Z25)?
A look at the shareholders of Yanlord Land Group Limited (SGX:Z25) can tell us which group is most powerful. … Yanlord Land Group has a market capitalization of S$2.5b, so we would expect some institutional investors to have noticed the stock. … See our latest analysis for Yanlord Land Group
Simply Wall St - – Full articleIs There Now An Opportunity In Yanlord Land Group Limited (SGX:Z25)?
Yanlord Land Group Limited (SGX:Z25), which is in the real estate business, and is based in Singapore,. … A question to answer is whether Yanlord Land Group's current trading price of SGD1.3 reflective of the actual value of the? … Let’s take a look at Yanlord Land Group’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change
Simply Wall St - – Full articleCompany Info
Description
Yanlord Land Group Limited, an investment holding company, engages in the property development activities in the People's Republic of China. The company operates through Property Development, Property Investment, and Others segments. It develops residential properties comprising apartment complexes and villas; and commercial and integrated properties, such as offices, serviced apartments, and shopping malls for sale and lease. The company also offers property management services for residential properties, including security, building, equipment maintenance and repair, facilities management, child-care, and other ancillary services, as well as organizes social and residential community functions. In addition, it is involved in the management of hotels and serviced apartments; trading of building materials and hardware; operation of restaurants and Kindergarten; and installation, maintenance, sale, and repair of elevators. Further, the company engages in the provision of landscaping and gardening, management and investment, city redevelopment, food and beverage, tourism investment, asset management, leisure and fitness, education and training, and construction engineering services, as well as tourism and travel services. Yanlord Land Group Limited was founded in 1993 and is based in Singapore.
Details
| Name: | Yanlord Land Group Limited |
| Z25 | |
| Exchange: | SGX |
| Founded: | 1993 |
| SGD2,858,672,356 | |
| 1,931,535,376 | |
| Website: | http://www.yanlordland.com |
| Address: |
Yanlord Land Group Limited No. 36-02 Suntec Tower Two, 9 Temasek Boulevard, Singapore, 038989, Singapore |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| SGX | Z25 | Ordinary Shares | Singapore Exchange | SG | SGD | 22. Jun 2006 | |
| BST | YLG | Ordinary Shares | Boerse-Stuttgart | DE | EUR | 22. Jun 2006 | |
| OTCPK | YLDG.Y | ADR | Pink Sheets LLC | US | USD | 11. Nov 2008 |
Number of employees
Current staff
Industry
| Real Estate Development | |
| Real Estate |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/19 12:42 |
| End of day share price update: | 2019/04/18 00:00 |
| Last estimates confirmation: | 2019/04/15 |
| Last earnings filing: | 2019/04/09 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
