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.


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

-1.7%

XIN

2.1%

US Real Estate

0.4%

US Market


1 Year Return

4.9%

XIN

6.8%

US Real Estate

6.9%

US Market

Return vs Industry: XIN underperformed the US Real Estate industry which returned 6.8% over the past year.

Return vs Market: XIN underperformed the US Market which returned 6.9% over the past year.


Shareholder returns

XINIndustryMarket
7 Day-1.7%2.1%0.4%
30 Day-3.8%-0.7%-1.2%
90 Day-4.7%0.02%-0.4%
1 Year14.4%4.9%7.9%6.8%9.3%6.9%
3 Year-7.1%-26.7%30.6%27.0%45.8%36.4%
5 Year112.8%49.6%12.1%7.8%62.9%45.1%

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 compared to its fair value and its price relative to the market?

19.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: XIN ($4.07) is trading below our estimate of fair value ($5.08)

Significantly Undervalued: XIN is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: XIN is good value based on its PE Ratio (2x) compared to the Real Estate industry average (20.8x).

PE vs Market: XIN is good value based on its PE Ratio (2x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

Low 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 (0.3x) compared to the US Real Estate industry average (1.5x).


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?

3.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XIN's forecast earnings growth (3.9% per year) is above the savings rate (2.7%).

Earnings vs Market: XIN's earnings (3.9% per year) are forecast to grow slower than the US market (14.5% per year).

High Growth Earnings: XIN's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if XIN's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if XIN's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if XIN's Return on Equity is forecast to be high in 3 years time


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

Earnings Trend: XIN's earnings have grown by 4.6% per year over the past 5 years.

Accelerating Growth: XIN's earnings growth over the past year (303.1%) exceeds its 5-year average (4.6% per year).

Earnings vs Industry: XIN earnings growth over the past year (303.1%) exceeded the Real Estate industry -20%.


Return on Equity

High ROE: Whilst XIN's Return on Equity (22.03%) is high, this metric is skewed due to their high level of debt.


Return on Assets

ROA vs Industry: XIN's Return on Assets is below or equal to the Real Estate industry average last year.


Return on Capital Employed

ROCE Improving: XIN has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Xinyuan Real Estate's financial position?


Financial Position Analysis

Short Term Liabilities: XIN's short term assets ($6.5B) exceeds its short term liabilities ($4.2B)

Long Term Liabilities: XIN's short term assets (6.5B) exceeds its long term liabilities (2.8B)


Debt to Equity History and Analysis

Debt Level: XIN's debt to equity ratio (480.9%) is considered high

Reducing Debt: XIN's debt to equity ratio has increased from 138.2% to 480.9% 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 (6.9x coverage).


Balance Sheet

Inventory Level: XIN has a high level of physical assets or inventory.

Debt Coverage by Assets: XIN's debt is covered by short term assets (assets are 1.799330x debt).


Next Steps

Dividend

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

9.83%

Current Dividend Yield


Dividend Yield vs Market

company9.8%marketbottom25%1.4%markettop25%3.7%industryaverage2.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: XIN's dividend (9.83%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: XIN's dividend (9.83%) is in the top 25% of dividend payers in the US market (3.73%)

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 8 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20%), 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

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

0.3yrs

Average management tenure


CEO

Yong Zhang (57yo)

0.3yrs

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 ...


Management Age and Tenure

0.3yrs

Average Tenure

52.5yo

Average Age

Experienced Management: XIN's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Age and Tenure

5.8yrs

Average Tenure

54yo

Average Age

Experienced Board: XIN's board of directors are considered experienced (5.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


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: 0.3yrs
  • Yuyan Yang (56yo)

    Co-Founder & Director

    • Tenure: 12.8yrs
  • Wells Tian (49yo)

    Executive Director

    • Tenure: 4yrs
  • Charles Wang

    Investor Relations Director

    • Tenure: 0yrs
  • Xuefeng Li (42yo)

    General Manager of Finance

    • Tenure: 0.3yrs
  • Brian Chen

    Chief Financial Officer

    • Tenure: 0.3yrs

Board Members

  • Tom Gurnee (67yo)

    Independent Director

    • Tenure: 11.8yrs
  • Yong Cui (46yo)

    Director

    • Tenure: 13.2yrs
  • Yong Zhang (57yo)

    Co-Founder

    • Tenure: 0.3yrs
  • Yuyan Yang (56yo)

    Co-Founder & Director

    • Tenure: 12.8yrs
  • Samuel Shen (54yo)

    Independent Director

    • Tenure: 1.4yrs
  • Frank Li (52yo)

    Independent Director

    • Tenure: 2.7yrs
  • Yumin Liang (56yo)

    Director

    • Tenure: 5.8yrs
  • Wells Tian (49yo)

    Executive Director

    • Tenure: 4yrs
  • Hao Gao (36yo)

    Independent Director

    • Tenure: 1.4yrs

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$243.804m
  • 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)YesADR EACH REPR 2 ORD SHSUSUSDDec 2007
3XRADB (Deutsche Boerse AG)YesADR EACH REPR 2 ORD SHSDEEURDec 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 Analysis2019/10/19 00:05
End of Day Share Price2019/10/18 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.