Loading...

Yanlord Land Group

SGX:Z25
Snowflake Description

Average dividend payer and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
Z25
SGX
SGD3B
Market Cap
  1. Home
  2. SG
  3. Real Estate
Company description

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.


Add to Portfolio Compare Print
Z25 Share Price and Events
7 Day Returns
-0.7%
SGX:Z25
0.2%
SG Real Estate
0.3%
SG Market
1 Year Returns
-12.9%
SGX:Z25
-7.5%
SG Real Estate
-6.7%
SG Market
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.
Price Volatility
Z25
Industry
5yr Volatility vs Market

Value

 Is Yanlord Land Group undervalued based on future cash flows and its price relative to the stock market?

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.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Yanlord Land Group.

SGX:Z25 Discounted Cash Flow Data Sources
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.

Calculation of Discount Rate/ Cost of Equity for SGX:Z25
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.

SGX:Z25 DCF 1st Stage: Next 10 year cash flow forecast
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
SGX:Z25 DCF 2nd Stage: Terminal Value
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
SGX:Z25 Total Equity Value
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
SGX:Z25 Discount to Share Price
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.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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?
Raw Data
SGX:Z25 PE (Price to Earnings) Ratio Data Sources
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.

SGX:Z25 PE (Price to Earnings) Ratio Calculation
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?
Raw Data
SGX:Z25 PEG (Price to Earnings to Growth) Ratio Data Sources
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 .

SGX:Z25 PEG (Price to Earnings to Growth) Ratio Calculation
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?
Raw Data
SGX:Z25 PB (Price to Book) Ratio Data Sources
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
SGX:Z25 PB (Price to Book) Ratio Calculation
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.
X
Value checks
We assess Yanlord Land Group's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. 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

 How is Yanlord Land Group expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

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!
Annual Growth Rate
-22%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Yanlord Land Group expected to grow at an attractive rate?
  • 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
Raw Data
SGX:Z25 Future Growth Rates Data Sources
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
Raw Data
SGX:Z25 Analysts Growth Expectations Data Sources
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 numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SGX:Z25 Future Estimates Data
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
SGX:Z25 Past Financials Data
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.

Super high growth metrics
High Growth Checks
  • Yanlord Land Group's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Yanlord Land Group's revenue is expected to grow by 8.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SGX:Z25 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.

SGX:Z25 Future Estimates Data
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
SGX:Z25 Past Financials Data
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.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Yanlord Land Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Yanlord Land Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Singapore market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Singapore market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
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
Below we compare Yanlord Land Group's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • 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
Yanlord Land Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Yanlord Land Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SGX:Z25 Past Revenue, Cash Flow and Net Income Data
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).
X
Past performance checks
We assess Yanlord Land Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
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.
Net Worth
  • 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
This treemap shows a more detailed breakdown of Yanlord Land Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • 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.
Raw Data

All data from Yanlord Land Group Company Filings, last reported 3 months ago.

SGX:Z25 Past Debt and Equity Data
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).
X
Financial health checks
We assess Yanlord Land Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Yanlord Land Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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
Dividend payments
4.55%
Current annual income from Yanlord Land Group dividends. Estimated to be 4.61% next year.
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
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • 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.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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.
Raw Data
SGX:Z25 Annualized Past and Future Dividends
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.

SGX:Z25 Future Dividends Estimate Data
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
SGX:Z25 Past Annualized Dividends Data
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).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (5.9x coverage).
X
Income/ dividend checks
We assess Yanlord Land Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. 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)
  7. 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

 What is the CEO of Yanlord Land Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sheng Jian Zhong
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:

6.6
Average Tenure
49
Average Age
  • 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

TITLE
Executive Director
AGE
40

Yiu Ling Chan

TITLE
Executive Director
AGE
54

Sheng Jian Zhong

TITLE
Chairman & CEO
AGE
60
TENURE
39.3 yrs

Jim Chan

TITLE
Group Financial Controller
AGE
47
TENURE
16.3 yrs

Jeng Yim

TITLE
Corporate & Investor Relations Manager

Hao Ning Zhang

TITLE
Executive Vice President of Project Development
AGE
50
TENURE
6.9 yrs

Chen Ping

TITLE
Executive Vice President of Property Management
AGE
55
TENURE
6.3 yrs

Ming Zhong

TITLE
Executive Director
AGE
31

Xi Wang

TITLE
Executive Vice President
AGE
48
TENURE
2.4 yrs

Ean Sau

TITLE
Company Secretary
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the Yanlord Land Group board of directors in years:

12.9
Average Tenure
57
Average Age
  • 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

TITLE
Executive Director
AGE
40
TENURE
12.9 yrs

Yiu Ling Chan

TITLE
Executive Director
AGE
54
TENURE
12.9 yrs

Sheng Jian Zhong

TITLE
Chairman & CEO
AGE
60
TENURE
39.3 yrs

Ming Zhong

TITLE
Executive Director
AGE
31
TENURE
2.5 yrs

Ronald Seah

TITLE
Lead Independent Director
AGE
70
TENURE
12.9 yrs

Shin Ein Ng

TITLE
Independent Director
AGE
43
TENURE
12.9 yrs

Theng-Fong Hee

TITLE
Independent Director
AGE
63
TENURE
1.5 yrs

Pian Tee Hong

TITLE
Independent Director
AGE
73
TENURE
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
X
Management checks
We assess Yanlord Land Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. 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 -

Is 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 -

Want 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 -

Should 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 -

Should 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 -

Is 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 -

Why 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 -

What 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 -

What 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 -

Is 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 -

Company 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
Staff numbers
0
Yanlord Land Group employees.
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.