NYSE:XIN

Stock Analysis Report

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.

Snowflake

Fundamentals

Good value with proven track record.

Risks

  • Xinyuan Real Estate is not covered by any analysts.

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


Market Performance


7 Day Return

6.0%

NYSE:XIN

-3.2%

US Real Estate

-1.6%

US Market


1 Year Return

-1.2%

NYSE:XIN

-14.5%

US Real Estate

-3.0%

US Market

XIN outperformed the Real Estate industry which returned -11% over the past year.

XIN underperformed the Market in United States of America which returned -0% over the past year.


Share holder returns

XINIndustryMarket
7 Day6.0%-3.2%-1.6%
30 Day0.7%-7.2%-5.8%
90 Day1.4%-1.3%0.2%
1 Year5.4%-1.2%-13.7%-14.5%-0.8%-3.0%
3 Year-12.4%-29.2%18.4%15.2%38.0%29.1%
5 Year64.0%18.0%-0.2%-3.7%50.8%34.1%

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

Valuation

Is Xinyuan Real Estate undervalued based on future cash flows and its price relative to the stock market?

20%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

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, but not at a substantial discount (< 40%).


Price Based on Earnings

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

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

Xinyuan Real Estate is good value based on assets compared to the US Real Estate industry average.


Next Steps

Future Growth

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

3.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Xinyuan Real Estate is high growth as no revenue estimate data is available.

Xinyuan Real Estate's earnings are expected to grow by 3.9% yearly, however this is not considered high growth (20% yearly).

Unable to compare Xinyuan Real Estate's revenue growth to the United States of America market average as no estimate data is available.

Xinyuan Real Estate's earnings growth is positive but not above the United States of America market average.

Xinyuan Real Estate's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Xinyuan Real Estate will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Xinyuan Real Estate performed over the past 5 years?

4.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Xinyuan Real Estate's year on year earnings growth rate has been positive over the past 5 years.

Xinyuan Real Estate's 1-year earnings growth exceeds its 5-year average (303.1% vs 4.6%)

Xinyuan Real Estate's earnings growth has exceeded the US Real Estate industry average in the past year (303.1% vs 8.8%).


Return on Equity

Whilst Xinyuan Real Estate has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.


Return on Assets

Xinyuan Real Estate used its assets less efficiently than the US Real Estate industry average last year based on Return on Assets.


Return on Capital Employed

Xinyuan Real Estate has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Xinyuan Real Estate's financial position?


Financial Position Analysis

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.


Debt to Equity History and Analysis

Xinyuan Real Estate's level of debt (480.9%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (138.2% vs 480.9% today).

Operating cash flow is negative therefore debt is not well covered.

Interest payments on debt are well covered by earnings (EBIT is 6.9x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.8x debt.


Next Steps

Dividend

What is Xinyuan Real Estate's current dividend yield, its reliability and sustainability?

9.39%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Xinyuan Real Estate before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Xinyuan Real Estate's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Xinyuan Real Estate's dividend is above the markets top 25% of dividend payers in United States of America (3.82%).

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

Dividends paid are well covered by earnings (5x 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.


Next Steps

Management

What is the CEO of Xinyuan Real Estate's salary, the management and board of directors tenure and is there insider trading?

0.2yrs

Average management tenure


CEO

Yong Zhang (57yo)

0.2yrs

Tenure

0

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 ...


CEO Compensation Analysis

Yong's remuneration is lower than average for companies of similar size in United States of America.

Insufficient data for Yong to compare compensation growth.


Management Age and Tenure

0.2yrs

Average Tenure

52.5yo

Average Age

The average tenure for the Xinyuan Real Estate management team is less than 2 years, this suggests a new team.


Board Age and Tenure

5.6yrs

Average Tenure

54yo

Average Age

The tenure for the Xinyuan Real Estate board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$6,378,78320 Feb 19
TPG Capital, L.P.
EntityCompany
Shares1,289,972
Max PriceUS$4.94

Ownership Breakdown


Management Team

  • Yong Zhang (57yo)

    Co-Founder

    • Tenure: 0.2yrs
  • Yuyan Yang (56yo)

    Co-Founder & Director

    • Tenure: 12.6yrs
  • Wells Tian (49yo)

    Executive Director

    • Tenure: 3.8yrs
  • Charles Wang

    Investor Relations Director

    • Tenure: 0.0yrs
  • Xuefeng Li (42yo)

    General Manager of Finance

    • Tenure: 0.2yrs
  • Brian Chen

    Chief Financial Officer

    • Tenure: 0.2yrs

Board Members

  • Tom Gurnee (67yo)

    Independent Director

    • Tenure: 11.7yrs
  • Yong Cui (46yo)

    Director

    • Tenure: 13.0yrs
  • Yong Zhang (57yo)

    Co-Founder

    • Tenure: 0.2yrs
  • Yuyan Yang (56yo)

    Co-Founder & Director

    • Tenure: 12.6yrs
  • Samuel Shen (54yo)

    Independent Director

    • Tenure: 1.3yrs
  • Frank Li (52yo)

    Independent Director

    • Tenure: 2.5yrs
  • Yumin Liang (56yo)

    Director

    • Tenure: 5.6yrs
  • Wells Tian (49yo)

    Executive Director

    • Tenure: 3.8yrs
  • Hao Gao (36yo)

    Independent Director

    • Tenure: 1.3yrs

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$255.186m
  • Shares outstanding: 59.90m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XINNYSE (New York Stock Exchange)YesSPONS ADRUSUSDDec 2007
3XRADB (Deutsche Boerse AG)YesSPONS ADRDEEURDec 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. I ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 00:10
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.