Share Price & News
How has Chinese Estates Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CEST.Y has not had significant price volatility in the past 3 months.
7 Day Return
US Real Estate
1 Year Return
US Real Estate
Return vs Industry: CEST.Y matched the US Real Estate industry which returned -26.5% over the past year.
Return vs Market: CEST.Y underperformed the US Market which returned 3.7% over the past year.
Price Volatility Vs. Market
How volatile is Chinese Estates Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Chinese Estates Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CEST.Y ($13.97) is trading above our estimate of fair value ($0.78)
Significantly Below Fair Value: CEST.Y is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CEST.Y is good value based on its PE Ratio (8.1x) compared to the Real Estate industry average (14.8x).
PE vs Market: CEST.Y is good value based on its PE Ratio (8.1x) compared to the US market (15x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CEST.Y's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CEST.Y is good value based on its PB Ratio (0.2x) compared to the US Real Estate industry average (1x).
How is Chinese Estates Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Chinese Estates Holdings 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.
How has Chinese Estates Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CEST.Y has a large one-off loss of HK$1.1B impacting its December 31 2019 financial results.
Growing Profit Margin: CEST.Y's current net profit margins are higher than last year .
Past Earnings Growth Analysis
Earnings Trend: CEST.Y's earnings have declined by -36.7% per year over the past 5 years.
Accelerating Growth: CEST.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CEST.Y had negative earnings growth (-22.2%) over the past year, making it difficult to compare to the Real Estate industry average (-6.4%).
Return on Equity
High ROE: CEST.Y's Return on Equity (2.4%) is considered low.
How is Chinese Estates Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: CEST.Y's short term assets (HK$8.7B) do not cover its short term liabilities (HK$9.8B).
Long Term Liabilities: CEST.Y's short term assets (HK$8.7B) exceed its long term liabilities (HK$4.9B).
Debt to Equity History and Analysis
Debt Level: CEST.Y's debt to equity ratio (40%) is considered high.
Reducing Debt: CEST.Y's debt to equity ratio has reduced from 40% to 40% over the past 5 years.
Debt Coverage: CEST.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CEST.Y earns more interest than it pays, so coverage of interest payments is not a concern.
What is Chinese Estates Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CEST.Y's dividend (0.6%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.75%).
High Dividend: CEST.Y's dividend (0.6%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Stability and Growth of Payments
Stable Dividend: CEST.Y is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: CEST.Y is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: CEST.Y is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CEST.Y's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Sue Chan (41yo)
Ms. Chan Sze-wan, also known as Sue, has been Chief Executive Officer of Chinese Estates Holdings Limited since November 1, 2015. Ms. Chan served as the Manager of Sales & Leasing Department at Chinese Est ...
CEO Compensation Analysis
Compensation vs Market: Sue's total compensation ($USD271.27K) is below average for companies of similar size in the US market ($USD3.24M).
Compensation vs Earnings: Sue's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO & Executive Director||4.5yrs||HK$2.10m||no data|
|Group Financial Controller||8.33yrs||HK$3.05m||no data|
|Manager of Sales & Leasing and Executive Director||4.83yrs||HK$926.00k||no data|
|Executive Director||3.25yrs||HK$105.00k||50.02% HK$413.4m|
|Independent Non-Executive Director||15.67yrs||HK$300.00k||no data|
|Independent Non-Executive Director||11.5yrs||HK$300.00k||no data|
|Non-Executive Director||15.67yrs||HK$240.00k||no data|
|Independent Non-Executive Director||14.33yrs||HK$300.00k||no data|
|Chairman of the Board||6.17yrs||HK$300.00k||24.97% HK$206.4m|
Experienced Board: CEST.Y's board of directors are considered experienced (8.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Chinese Estates Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Chinese Estates Holdings Limited
- Ticker: CEST.Y
- Exchange: OTCPK
- Founded: 1993
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: HK$6.410b
- Listing Market Cap: HK$826.392m
- Shares outstanding: 1.91b
- Website: https://www.chineseestates.com
Number of Employees
- Chinese Estates Holdings Limited
- China Evergrande Centre
- 26th Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|127||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
|CQ3||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|CEST.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|127||SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
|127||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
|CEST.Y||OTCPK (Pink Sheets LLC)||UNSPONSORED ADR||US||USD||Nov 2008|
Chinese Estates Group (the "Group") is one of the leading property developers in Hong Kong. Chinese Estates Holdings Limited is the holding company of the Group and it is publicly listed on The Stock Exchange of Hong Kong Limited with stock code: 127. Chinese Estates' core businesses comprise of property investment for rental and property development for sale. The Group focuses primarily in Hong Kong, and diversifies its property interests to mainland China and the United Kingdom. The Group's investment properties include retail and office assets. Most of the investment properties of Chinese Estates are highly accessible and strategically located in prime commercial areas in Hong Kong such as Causeway Bay and Wanchai. In mainland China, Chinese Estates owns a five-star international hotel in Beijing. In the United Kingdom, Chinese Estates owns four investment properties in London. Over the past twenty years, Chinese Estates has built a reputation for conceptualising and implementing redevelopment, renovation works and repackaging programmes to enhance the value and revenue of its investment properties. Chinese Estates specializes in developing mid to high-end commercial and residential property projects. A number of quality and cosmopolitan residential properties are developed for sale.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/23 08:39|
|End of Day Share Price||2020/02/25 00:00|
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.