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Xinyuan Real Estate

NYSE:XIN
Snowflake Description

Undervalued with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
XIN
NYSE
$252M
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

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. The last earnings update was 3 days ago. More info.


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XIN Share Price and Events
7 Day Returns
-4.3%
NYSE:XIN
-0.4%
US Real Estate
-1.4%
US Market
1 Year Returns
-22.9%
NYSE:XIN
-15.7%
US Real Estate
1.6%
US Market
XIN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Xinyuan Real Estate (XIN) -4.3% -6.9% -16.5% -22.9% -15.5% 8.5%
US Real Estate -0.4% -8.6% -11.1% -15.7% 14.9% 0.8%
US Market -1.4% -3.9% 0.2% 1.6% 33.2% 38.2%
1 Year Return vs Industry and Market
  • XIN underperformed the Real Estate industry which returned -15.7% over the past year.
  • XIN underperformed the Market in United States of America which returned 1.6% over the past year.
Price Volatility
XIN
Industry
5yr Volatility vs Market

XIN Value

 Is Xinyuan Real Estate 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 Xinyuan Real Estate 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 Xinyuan Real Estate.

NYSE:XIN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 14.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

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 NYSE:XIN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.11
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.111 (1 + (1- 25%) (1408.2%))
8.937
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)
= 2.73% + (2 * 5.96%)
14.65%

Discounted Cash Flow Calculation for NYSE:XIN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Xinyuan Real Estate 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.

NYSE:XIN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 14.65%)
2019 88.16 Est @ 4.11% 76.89
2020 91.41 Est @ 3.69% 69.54
2021 94.53 Est @ 3.4% 62.72
2022 97.55 Est @ 3.2% 56.46
2023 100.54 Est @ 3.06% 50.75
2024 103.52 Est @ 2.96% 45.58
2025 106.51 Est @ 2.89% 40.90
2026 109.54 Est @ 2.84% 36.69
2027 112.62 Est @ 2.81% 32.90
2028 115.75 Est @ 2.79% 29.50
Present value of next 10 years cash flows $501.95
NYSE:XIN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $115.75 × (1 + 2.73%) ÷ (14.65% – 2.73%)
$997.60
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $997.60 ÷ (1 + 14.65%)10
$254.22
NYSE:XIN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $501.95 + $254.22
$756.17
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $756.17 / 59.90
$12.62
NYSE:XIN Discount to Share Price
Calculation Result
Value per share (USD) From above. $12.62
Current discount Discount to share price of $4.20
= -1 x ($4.20 - $12.62) / $12.62
66.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Xinyuan Real Estate is available for.
Intrinsic value
>50%
Share price is $4.2 vs Future cash flow value of $12.62
Current Discount Checks
For Xinyuan Real Estate to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Xinyuan Real Estate's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Xinyuan Real Estate's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Xinyuan Real Estate's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Xinyuan Real Estate's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:XIN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $1.66
NYSE:XIN Share Price ** NYSE (2019-05-24) in USD $4.2
United States of America Real Estate Industry PE Ratio Median Figure of 26 Publicly-Listed Real Estate Companies 15.15x
United States of America Market PE Ratio Median Figure of 3,084 Publicly-Listed Companies 17.44x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Xinyuan Real Estate.

NYSE:XIN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:XIN Share Price ÷ EPS (both in USD)

= 4.2 ÷ 1.66

2.53x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Xinyuan Real Estate is good value based on earnings compared to the US Real Estate industry average.
  • Xinyuan Real Estate is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Xinyuan Real Estate's expected growth come at a high price?
Raw Data
NYSE:XIN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.53x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
9.7%per year
United States of America Real Estate Industry PEG Ratio Median Figure of 12 Publicly-Listed Real Estate Companies 0.44x
United States of America Market PEG Ratio Median Figure of 2,121 Publicly-Listed Companies 1.51x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Xinyuan Real Estate, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Xinyuan Real Estate's assets?
Raw Data
NYSE:XIN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $11.94
NYSE:XIN Share Price * NYSE (2019-05-24) in USD $4.2
United States of America Real Estate Industry PB Ratio Median Figure of 51 Publicly-Listed Real Estate Companies 1.45x
United States of America Market PB Ratio Median Figure of 5,207 Publicly-Listed Companies 1.8x
NYSE:XIN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:XIN Share Price ÷ Book Value per Share (both in USD)

= 4.2 ÷ 11.94

0.35x

* Primary Listing of Xinyuan Real Estate.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Xinyuan Real Estate is good value based on assets compared to the US Real Estate industry average.
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Value checks
We assess Xinyuan Real Estate'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. Xinyuan Real Estate has a total score of 5/6, 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.

XIN Future Performance

 How is Xinyuan Real Estate expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Xinyuan Real Estate, future earnings growth has been estimated based on fundamentals.
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
9.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Xinyuan Real Estate expected to grow at an attractive rate?
  • Xinyuan Real Estate's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Xinyuan Real Estate's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Xinyuan Real Estate's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NYSE:XIN Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:XIN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 9.7%
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 3.8%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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
NYSE:XIN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:XIN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 2,512 103
2018-12-31 2,218 -23 73
2018-09-30 1,851 36
2018-06-30 1,738 40 30
2018-03-31 1,870 46
2017-12-31 1,977 140 64
2017-09-30 1,757 43
2017-06-30 1,718 -306 57
2017-03-31 1,607 74
2016-12-31 1,562 -160 73
2016-09-30 1,470 80
2016-06-30 1,335 233 74

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Xinyuan Real Estate's earnings are expected to grow by 9.7% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Xinyuan Real Estate is high growth as no revenue estimate data is available.
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
NYSE:XIN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Xinyuan Real Estate Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:XIN Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 1.66
2018-12-31 1.15
2018-09-30 0.56
2018-06-30 0.46
2018-03-31 0.71
2017-12-31 0.99
2017-09-30 0.66
2017-06-30 0.87
2017-03-31 1.14
2016-12-31 1.10
2016-09-30 1.20
2016-06-30 1.09

*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.
  • Unable to establish if Xinyuan Real Estate will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Xinyuan Real Estate'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Xinyuan Real Estate 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.

XIN Past Performance

  How has Xinyuan Real Estate 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 Xinyuan Real Estate'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.
  • Xinyuan Real Estate's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Xinyuan Real Estate's 1-year earnings growth exceeds its 5-year average (125.2% vs -4%)
  • Xinyuan Real Estate's earnings growth has exceeded the US Real Estate industry average in the past year (125.2% vs -15.8%).
Earnings and Revenue History
Xinyuan Real Estate'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 Xinyuan Real Estate Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:XIN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 2,512.31 103.05 256.33
2018-12-31 2,217.55 73.03 240.05
2018-09-30 1,851.04 35.94 212.68
2018-06-30 1,737.96 29.89 215.96
2018-03-31 1,870.29 45.76 216.83
2017-12-31 1,976.91 63.63 212.57
2017-09-30 1,756.59 42.75 186.66
2017-06-30 1,718.50 56.87 189.50
2017-03-31 1,606.95 74.32 182.61
2016-12-31 1,561.62 72.98 178.63
2016-09-30 1,469.87 79.97 181.52
2016-06-30 1,334.55 74.45 176.54
2016-03-31 1,232.99 68.11 171.32
2015-12-31 1,164.32 66.48 167.46
2015-09-30 1,113.64 71.23 165.36
2015-06-30 968.30 51.72 152.17
2015-03-31 860.05 42.96 148.51
2014-12-31 919.75 48.52 145.12
2014-09-30 846.01 56.29 127.12
2014-06-30 923.06 81.85 114.51
2014-03-31 954.72 109.79 97.14
2013-12-31 897.74 126.36 85.22
2013-09-30 871.67 128.29 64.25
2013-06-30 857.07 131.47 56.11
2013-03-31 911.64 161.07 57.17
2012-12-31 914.80 157.00 56.77
2012-09-30 851.48 151.62 54.30
2012-06-30 838.69 150.97 53.64

*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.
  • Xinyuan Real Estate has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Xinyuan Real Estate used its assets less efficiently than the US Real Estate industry average last year based on Return on Assets.
  • Xinyuan Real Estate has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Xinyuan Real Estate'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.
Xinyuan Real Estate 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.

XIN Health

 How is Xinyuan Real Estate'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 Xinyuan Real Estate's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Xinyuan Real Estate is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Xinyuan Real Estate's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Xinyuan Real Estate'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 1.9x 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 Xinyuan Real Estate Company Filings, last reported 1 month ago.

NYSE:XIN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 768.68 3,542.92 761.19
2018-12-31 745.65 3,529.17 682.58
2018-09-30 657.58 4,167.46 1,243.92
2018-06-30 688.87 3,743.25 1,166.42
2018-03-31 704.90 3,829.52 937.21
2017-12-31 1,057.01 3,483.54 952.29
2017-09-30 1,010.59 2,511.00 856.27
2017-06-30 951.68 2,691.19 1,003.20
2017-03-31 920.18 2,345.94 957.14
2016-12-31 916.15 2,136.97 617.55
2016-09-30 950.73 2,281.29 965.05
2016-06-30 932.25 2,013.52 449.23
2016-03-31 938.31 2,170.19 467.35
2015-12-31 937.18 1,749.60 388.77
2015-09-30 947.78 1,816.39 225.16
2015-06-30 981.63 1,746.69 167.52
2015-03-31 962.46 1,709.23 151.31
2014-12-31 963.06 1,535.30 146.50
2014-09-30 940.34 1,418.58 324.47
2014-06-30 949.02 1,338.57 377.47
2014-03-31 941.28 975.69 348.10
2013-12-31 952.64 840.39 587.12
2013-09-30 917.02 546.97 562.02
2013-06-30 850.76 510.67 635.80
2013-03-31 807.87 316.07 442.12
2012-12-31 781.54 314.15 496.20
2012-09-30 743.34 250.70 443.09
2012-06-30 719.16 228.93 421.38
  • Xinyuan Real Estate's level of debt (460.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (104.1% vs 460.9% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 7x coverage).
X
Financial health checks
We assess Xinyuan Real Estate'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. Xinyuan Real Estate 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.

XIN Dividends

 What is Xinyuan Real Estate'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
9.52%
Current annual income from Xinyuan Real Estate dividends.
If you bought $2,000 of Xinyuan Real Estate shares you are expected to receive $190 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?
  • Xinyuan Real Estate's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.47%).
  • Xinyuan Real Estate's dividend is above the markets top 25% of dividend payers in United States of America (3.75%).
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
NYSE:XIN 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 0 Analyst Estimates (S&P Global) See Below
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2007 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:XIN Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-23 0.400 9.512
2019-02-15 0.400 8.541
2018-11-13 0.400 9.174
2018-08-15 0.400 9.384
2018-05-30 0.400 8.571
2018-02-09 0.400 7.126
2017-11-10 0.400 6.085
2017-08-11 0.400 7.214
2017-05-18 0.400 7.858
2017-02-14 0.400 8.669
2016-11-14 0.400 7.569
2016-08-12 0.400 6.657
2016-05-10 0.200 3.996
2016-03-01 0.200 4.362
2015-11-13 0.200 5.752
2015-08-12 0.200 6.606
2015-06-15 0.200 6.817
2015-03-09 0.200 6.453
2014-11-19 0.200 8.283
2014-08-15 0.200 6.732
2014-05-16 0.200 4.982
2014-02-24 0.200 4.381
2013-11-06 0.200 3.834
2013-08-05 0.200 3.270
2013-05-10 0.200 4.447
2013-02-07 0.200 4.254
2012-10-16 0.160 4.647
2012-07-24 0.160 5.857
2012-04-18 0.160 5.369
2012-02-23 0.000 0.000
2011-05-26 0.100 4.938

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Xinyuan Real Estate has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Xinyuan Real Estate only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of Xinyuan Real Estate's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
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Income/ dividend checks
We assess Xinyuan Real Estate's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Xinyuan Real Estate afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Xinyuan Real Estate has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

XIN Management

 What is the CEO of Xinyuan Real Estate'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
Lizhou Zhang
AGE 47
TENURE AS CEO 2.8 years
CEO Bio

Mr. Lizhou Zhang has been the Chief Executive Officer at Xinyuan Real Estate Co., Ltd. since July 27, 2016. Mr. Zhang joined Xinyuan after working at Wanda Group for nearly seven years with different positions. Since January 2014, he served as General Manager at Wanda One UK Co., Ltd. From 2011 to 2013, he worked as an Assistant to the President of Wanda Group and General Manager of the Northern Project Management Center and Operation Center of Wanda Commercial Management Company. He served as General Manager at two different city companies of the Wanda Group. He has been an Executive Director at Xinyuan Real Estate Co., Ltd. since July 27, 2016. Mr. Zhang holds a Bachelor's degree in Construction Management from Chongqing University and a Master's degree in Monetary Banking from Dongbei University of Finance and Economics.

CEO Compensation
  • Insufficient data for Lizhou to compare compensation growth.
  • Insufficient data for Lizhou to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Xinyuan Real Estate management team in years:

2.8
Average Tenure
48
Average Age
  • The tenure for the Xinyuan Real Estate management team is about average.
Management Team

Yong Zhang

TITLE
Co-Founder & Chairman
AGE
56
TENURE
22.3 yrs

Wells Tian

TITLE
Executive Director
AGE
48
TENURE
2.7 yrs

Lizhou Zhang

TITLE
CEO & Executive Director
AGE
47
TENURE
2.8 yrs

Yuyan Yang

TITLE
Co-Founder & Director
AGE
55
TENURE
22.3 yrs

Xuefeng Li

TITLE
Interim Chief Financial Officer
AGE
41
TENURE
0.9 yrs

Charles Wang

TITLE
Investor Relations Director
Board of Directors Tenure

Average tenure and age of the Xinyuan Real Estate board of directors in years:

4.5
Average Tenure
52
Average Age
  • The tenure for the Xinyuan Real Estate board of directors is about average.
Board of Directors

Wells Tian

TITLE
Executive Director
AGE
48
TENURE
3.6 yrs

Lizhou Zhang

TITLE
CEO & Executive Director
AGE
47
TENURE
2.8 yrs

Yuyan Yang

TITLE
Co-Founder & Director
AGE
55
TENURE
12.3 yrs

Tom Gurnee

TITLE
Independent Director
AGE
66
TENURE
11.4 yrs

Yong Zhang

TITLE
Co-Founder & Chairman
AGE
56
TENURE
12.3 yrs

Yong Cui

TITLE
Director
AGE
45
TENURE
12.8 yrs

Yumin Liang

TITLE
Director
AGE
55
TENURE
5.3 yrs

Frank Li

TITLE
Independent Director
AGE
51
TENURE
2.3 yrs

Samuel Shen

TITLE
Independent Director
AGE
53
TENURE
1 yrs

Hao Gao

TITLE
Independent Director
AGE
35
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
20. Feb 19 Sell TPG Capital, L.P. Company 10. Jan 19 15. Feb 19 -1,289,972 $4.94 $-6,378,783
07. Jun 18 Sell TPG Capital, L.P. Company 04. Jun 18 06. Jun 18 -156,975 $5.47 $-856,299
X
Management checks
We assess Xinyuan Real Estate'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. Xinyuan Real Estate 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.

XIN News

Simply Wall St News

What Kind Of Shareholder Owns Most Xinyuan Real Estate Co., Ltd. (NYSE:XIN) Stock?

If you want to know who really controls Xinyuan Real Estate Co., Ltd. … Xinyuan Real Estate is a smaller company with a market capitalization of US$291m, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for Xinyuan Real Estate

Simply Wall St -

Does Xinyuan Real Estate Co., Ltd. (NYSE:XIN) Have A Particularly Volatile Share Price?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Should You Buy Xinyuan Real Estate Co., Ltd. (NYSE:XIN) For Its Dividend?

A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … Let's dig deeper into whether Xinyuan Real Estate should have a place in your portfolio. … Check out our latest analysis for Xinyuan Real Estate

Simply Wall St -

What Kind Of Shareholders Own Xinyuan Real Estate Co., Ltd. (NYSE:XIN)?

If you want to know who really controls Xinyuan Real Estate Co., Ltd. … Xinyuan Real Estate is a smaller company with a market capitalization of US$266m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Xinyuan Real Estate

Simply Wall St -

Should You Buy Xinyuan Real Estate Co Ltd (NYSE:XIN) For Its Dividend?

Historically, Xinyuan Real Estate Co Ltd (NYSE:XIN) has paid a dividend to shareholders. … Let's dig deeper into whether Xinyuan Real Estate should have a place in your portfolio. … See our latest analysis for Xinyuan Real Estate

Simply Wall St -

Does Xinyuan Real Estate Co Ltd's (NYSE:XIN) PE Ratio Warrant A Buy?

Xinyuan Real Estate Co Ltd (NYSE:XIN) is currently trading at a trailing P/E of 8.6, which is lower than the industry average of 19.4. … Although some investors might think this is a real positive, that might change once you understand the assumptions behind the P/E. … View our latest analysis for Xinyuan Real Estate

Simply Wall St -

Read This Before Buying Xinyuan Real Estate Co Ltd (NYSE:XIN) For Its Upcoming US$0.10 Dividend

Important news for shareholders and potential investors in Xinyuan Real Estate Co Ltd (NYSE:XIN): The dividend payment of US$0.10 per share will be distributed into shareholder on 12 September 2018, and the stock will begin trading ex-dividend at an earlier date, 24 August 2018. … Is this future income a persuasive enough catalyst for investors to think about Xinyuan Real Estate as an investment today? … Does earnings amply cover its dividend payments

Simply Wall St -

Will Xinyuan Real Estate Co Ltd (NYSE:XIN) Continue To Underperform Its Industry?

and want to learn about Return on Equity using a real-life example. … Xinyuan Real Estate Co Ltd (NYSE:XIN) performed in line with its real estate development industry on the basis of its ROE – producing a return of 8.51% relative to the peer average of 10.85% over the past 12 months. … View our latest analysis for Xinyuan Real Estate

Simply Wall St -

Want To Invest In Xinyuan Real Estate Co Ltd (NYSE:XIN)? Here's How It Performed Lately

When Xinyuan Real Estate Co Ltd (NYSE:XIN) announced its most recent earnings (31 March 2018), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Being able to interpret how well Xinyuan Real Estate has done so far requires weighing its performance against a benchmark, rather than looking at a standalone number at a point in time. … XIN's trailing twelve-month earnings (from 31 March 2018) of US$45.76m has

Simply Wall St -

How Should You Think About Xinyuan Real Estate Co Ltd's (NYSE:XIN) Risks?

For Xinyuan Real Estate Co Ltd’s (NYSE:XIN) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. … Generally, an investor should consider two types of risk that impact the market value of XIN. … The second risk is market-wide, which arises from investing in the stock market.

Simply Wall St -

XIN Company Info

Description

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.

Details
Name: Xinyuan Real Estate Co., Ltd.
XIN
Exchange: NYSE
Founded: 1997
$251,591,835
59,902,818
Website: http://www.xyre.com
Address: Xinyuan Real Estate Co., Ltd.
China Central Place, Tower II,
27th Floor,
Beijing,
100025,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE XIN SPONS ADR New York Stock Exchange US USD 12. Dec 2007
DB 3XRA SPONS ADR Deutsche Boerse AG DE EUR 12. Dec 2007
Number of employees
Current staff
Staff numbers
2,038
Xinyuan Real Estate employees.
Industry
Real Estate Development
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 00:09
End of day share price update: 2019/05/24 00:00
Last earnings filing: 2019/05/23
Last earnings reported: 2019/03/31
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.