Xinyuan Real Estate
Market Cap
US$173.6m
Last Updated
2020/04/09 03:14 UTC
Data Sources
Company Financials
Executive Summary
Xinyuan Real Estate Co., Ltd., through its subsidiaries, develops residential real estate properties for middle income consumers in the People’s Republic of China, the United States, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with mediocre balance sheet.
Similar Companies
Share Price & News
How has Xinyuan Real Estate's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: XIN's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
31.9%
XIN
19.5%
US Real Estate
9.4%
US Market
1 Year Return
-45.0%
XIN
-28.8%
US Real Estate
-6.8%
US Market
Return vs Industry: XIN underperformed the US Real Estate industry which returned -32.5% over the past year.
Return vs Market: XIN underperformed the US Market which returned -8.1% over the past year.
Shareholder returns
| XIN | Industry | Market | |
|---|---|---|---|
| 7 Day | 31.9% | 19.5% | 9.4% |
| 30 Day | -3.5% | -20.2% | -3.9% |
| 90 Day | -24.2% | -33.3% | -16.5% |
| 1 Year | -41.0%-45.0% | -28.3%-28.8% | -4.8%-6.8% |
| 3 Year | -19.7%-35.7% | -10.9%-13.0% | 23.4%15.2% |
| 5 Year | 15.5%-18.2% | -26.5%-28.6% | 41.3%25.7% |
Price Volatility Vs. Market
How volatile is Xinyuan Real Estate's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Do Insiders Own Lots Of Shares In Xinyuan Real Estate Co., Ltd. (NYSE:XIN)?2 months ago | Simply Wall St
Does Xinyuan Real Estate Co., Ltd. (NYSE:XIN) Have A Particularly Volatile Share Price?4 months ago | Simply Wall St
Could Xinyuan Real Estate Co., Ltd.'s (NYSE:XIN) Investor Composition Influence The Stock Price?Valuation
Is Xinyuan Real Estate undervalued compared to its fair value and its price relative to the market?
34.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: XIN ($2.75) is trading below our estimate of fair value ($4.18)
Significantly Below Fair Value: XIN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: XIN is good value based on its PE Ratio (2.3x) compared to the Real Estate industry average (17.9x).
PE vs Market: XIN is good value based on its PE Ratio (2.3x) compared to the US market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate XIN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: XIN is good value based on its PB Ratio (0.2x) compared to the US Real Estate industry average (1x).
Next Steps
Future Growth
How is Xinyuan Real Estate forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
11.4%
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 Xinyuan Real Estate 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
- Examine whether Xinyuan Real Estate is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Xinyuan Real Estate competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
Past Performance
How has Xinyuan Real Estate performed over the past 5 years?
8.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: XIN has high quality earnings.
Growing Profit Margin: XIN's current net profit margins (2.8%) are lower than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: XIN's earnings have grown by 8.4% per year over the past 5 years.
Accelerating Growth: XIN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: XIN had negative earnings growth (-6.4%) over the past year, making it difficult to compare to the Real Estate industry average (2.7%).
Return on Equity
High ROE: XIN's Return on Equity (10.5%) is considered low.
Next Steps
Financial Health
How is Xinyuan Real Estate's financial position?
Financial Position Analysis
Short Term Liabilities: XIN's short term assets ($5.6B) exceed its short term liabilities ($4.5B).
Long Term Liabilities: XIN's short term assets ($5.6B) exceed its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: XIN's debt to equity ratio (406%) is considered high.
Reducing Debt: XIN's debt to equity ratio has increased from 156.9% to 406% over the past 5 years.
Debt Coverage: XIN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: XIN's interest payments on its debt are well covered by EBIT (5x coverage).
Balance Sheet
Next Steps
Dividend
What is Xinyuan Real Estate's current dividend yield, its reliability and sustainability?
14.55%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: XIN's dividend (14.55%) is higher than the bottom 25% of dividend payers in the US market (1.89%).
High Dividend: XIN's dividend (14.55%) is in the top 25% of dividend payers in the US market (5.26%)
Stability and Growth of Payments
Stable Dividend: XIN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: XIN's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.2%), XIN'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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.8yrs
Average management tenure
CEO
Yong Zhang (57yo)
0.83
Tenure
Mr. Yong Zhang co-founded Xinyuan Real Estate Co., Ltd. in 1997 and serves as its Chief Executive Officer since June 20, 2019. Mr. Zhang has been the Chairman of Xinyuan Real Estate Co., Ltd. since 2007. M ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 0.83yr | no data | 23.15% $40.2m | |
| Co-Founder & Director | 13.25yrs | no data | 22.5% $39.1m | |
| Chief Financial Officer | 0.83yr | no data | no data | |
| Investor Relations Director | no data | no data | no data | |
| General Manager of Finance | 0.83yr | no data | no data |
0.8yrs
Average Tenure
56yo
Average Age
Experienced Management: XIN's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 0.83yr | no data | 23.15% $40.2m | |
| Co-Founder & Director | 13.25yrs | no data | 22.5% $39.1m | |
| Independent Director | 12.33yrs | no data | no data | |
| Director | 13.67yrs | no data | 0.072% $125.6k | |
| Independent Director | 1.92yrs | no data | no data | |
| Independent Director | 3.17yrs | no data | no data | |
| Independent Director | 1.92yrs | no data | no data | |
| Independent Director | 0.25yr | no data | no data | |
| Director | 0.42yr | no data | no data |
3.2yrs
Average Tenure
53yo
Average Age
Experienced Board: XIN's board of directors are considered experienced (3.2 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
Xinyuan Real Estate Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Xinyuan Real Estate Co., Ltd.
- Ticker: XIN
- Exchange: NYSE
- Founded: 1997
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: US$173.551m
- Shares outstanding: 63.11m
- Website: https://www.xyre.com
Number of Employees
Location
- Xinyuan Real Estate Co., Ltd.
- China Central Place, Tower II
- 27th Floor
- Beijing
- 100025
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| XIN | NYSE (New York Stock Exchange) | Yes | ADR EACH REPR 2 ORD SHS | US | USD | Dec 2007 |
| 3XRA | DB (Deutsche Boerse AG) | Yes | ADR EACH REPR 2 ORD SHS | DE | EUR | Dec 2007 |
Biography
Xinyuan Real Estate Co., Ltd., through its subsidiaries, develops residential real estate properties for middle income consumers in the People’s Republic of China, the United States, and internationally. It develops residential projects, such as multi-layer apartment buildings, sub-high-rise apartment buildings, or high-rise apartment buildings; auxiliary services and amenities, such as retail outlets, leisure and health facilities, kindergartens, and schools; and small scale residential properties, as well as office, mixed-use, and commercial properties. The company also acquires development sites through public auctions of government land and direct negotiations. In addition, it provides property management services for its developments and other real estate-related services. Further, the company offers landscaping engineering and management, real estate consulting and marketing, leasing management, technical, and management consulting services; operates retail stores; and installs intercom systems. Xinyuan Real Estate Co., Ltd. was founded in 1997 and is headquartered in Beijing, the People’s Republic of China.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/09 03:14 |
| End of Day Share Price | 2020/04/08 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.