Stock 2777 GUANGZHOU R&F PROPERTIES CO., LTD.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Guangzhou R&F Properties Co., Ltd.

Equities

2777

CNE100000569

Real Estate Development & Operations

Market Closed - Hong Kong S.E.
Other stock markets
 04:08:20 2024-04-26 am EDT 		5-day change 1st Jan Change
0.89 HKD +7.23% Intraday chart for Guangzhou R&F Properties Co., Ltd. +17.11% -21.93%
Apr. 12 Guangzhou R&F Logs 1 Billion Yuan Contracted Sales in March MT
Apr. 12 Guangzhou R&F Properties Co., Ltd. Reports Unaudited Group Sales Results for the Month and Year to Date Ended March 2024 CI

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 33,501 44,919 31,487 8,867 6,297 3,091 3,091 -
Enterprise Value (EV) 1 177,017 219,356 166,093 135,785 120,654 3,888 100,900 81,776
P/E ratio 4 x 4.28 x 3.32 x -1 x -0.4 x -0.19 x -0.6 x -0.79 x
Yield 11.8% 9.96% 11.9% 4.23% - - - -
Capitalization / Revenue 0.44 x 0.49 x 0.37 x 0.12 x 0.18 x 0.11 x 0.19 x 0.12 x
EV / Revenue 2.3 x 2.42 x 1.93 x 1.78 x 3.43 x 0.11 x 6.1 x 3.23 x
EV / EBITDA 6.85 x 9.47 x 8.28 x -141 x 204 x -1.83 x 13.7 x 11.1 x
EV / FCF -14,517,163 x -8,531,961 x 9,407,953 x 11,373,547 x -55,925,265 x - - -
FCF Yield -0% -0% 0% 0% -0% - - -
Price to Book 0.49 x 0.54 x 0.33 x 0.11 x 0.12 x 0.06 x 0.11 x 0.13 x
Nbr of stocks (in thousands) 3,222,367 3,495,367 3,752,367 3,752,367 3,752,367 3,752,367 3,752,367 -
Reference price 2 10.40 12.85 8.391 2.363 1.678 0.8238 0.8238 0.8238
Announcement Date 3/20/19 3/26/20 3/25/21 3/31/22 3/31/23 3/28/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 76,858 90,814 85,892 76,401 35,193 36,239 16,549 25,343
EBITDA 1 25,851 23,161 20,058 -963.5 590.8 -2,127 7,339 7,378
EBIT 1 24,016 21,156 18,029 -2,655 -1,533 -4,239 -3,482 1,548
Operating Margin 31.25% 23.3% 20.99% -3.47% -4.36% -11.7% -21.04% 6.11%
Earnings before Tax (EBT) 1 16,937 18,226 15,912 -5,930 -14,135 -14,116 2,501 2,759
Net income 8,371 10,090 9,005 -8,848 -15,737 - - -
Net margin 10.89% 11.11% 10.48% -11.58% -44.72% - - -
EPS 2 2.598 3.000 2.531 -2.358 -4.194 -5.374 -1.384 -1.049
Free Cash Flow -12,194 -25,710 17,655 11,939 -2,157 - - -
FCF margin -15.87% -28.31% 20.55% 15.63% -6.13% - - -
FCF Conversion (EBITDA) - - 88.02% - - - - -
FCF Conversion (Net income) - - 196.06% - - - - -
Dividend per Share 2 1.230 1.280 1.000 0.1000 - - - -
Announcement Date 3/20/19 3/26/20 3/25/21 3/31/22 3/31/23 3/28/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S1 2019 S2 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2
Net sales 1 35,053 55,761 33,591 52,301 39,493 36,908 17,782 17,411
EBITDA - - - - - - - -
EBIT 1 - - - - 6,525 -9,716 -2,359 -1,695
Operating Margin - - - - 16.52% -26.32% -13.26% -9.73%
Earnings before Tax (EBT) - - - - - - - -
Net income - - - - - - - -
Net margin - - - - - - - -
EPS - - - - - - - -
Dividend per Share 0.4200 - 0.3800 - 0.1000 - - -
Announcement Date 8/22/19 3/26/20 8/24/20 3/25/21 8/24/21 3/31/22 8/31/22 3/31/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 143,516 174,437 134,606 126,919 114,358 119,686 97,808 78,684
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 5.552 x 7.532 x 6.711 x -131.7 x 193.6 x 30.6 x 13.33 x 10.66 x
Free Cash Flow -12,194 -25,710 17,655 11,939 -2,157 - - -
ROE (net income / shareholders' equity) 12.7% 13.3% 10.8% -10.6% -25.3% -11.3% -16.7% -6.15%
ROA (Net income/ Total Assets) 2.52% 2.44% 2.07% -2.09% -4.1% - - -
Assets 332,152 413,898 434,763 424,021 383,727 - - -
Book Value Per Share 2 21.20 24.00 25.20 20.70 14.50 13.60 7.600 6.550
Cash Flow per Share 2 -2.670 -7.490 5.150 3.040 -0.3400 1.990 7.800 5.680
Capex 1 3,576 1,564 1,670 1,805 909 1,155 267 703
Capex / Sales 4.65% 1.72% 1.94% 2.36% 2.58% 3.72% 1.62% 2.77%
Announcement Date 3/20/19 3/26/20 3/25/21 3/31/22 3/31/23 3/28/24 - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Guangzhou R&F Properties Co., Ltd.

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
SELL
Number of Analysts
2
Last Close Price
0.8238 CNY
Average target price
0.928 CNY
Spread / Average Target
+12.64%
Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Other Real Estate Development & Operations

1st Jan change Capi.
GUANGZHOU R&F PROPERTIES CO., LTD. Stock Guangzhou R&F Properties Co., Ltd.
-21.93% 427M
MITSUI FUDOSAN CO., LTD. Stock Mitsui Fudosan Co., Ltd.
+36.16% 27.94B
SUN HUNG KAI PROPERTIES LIMITED Stock Sun Hung Kai Properties Limited
-13.74% 26.97B
DLF LIMITED Stock DLF Limited
+25.00% 26.95B
CHINA RESOURCES LAND LIMITED Stock China Resources Land Limited
-0.71% 25.32B
MITSUBISHI ESTATE CO., LTD. Stock Mitsubishi Estate Co., Ltd.
+44.49% 22.58B
EMAAR PROPERTIES Stock Emaar Properties
+2.78% 19.59B
CHINA OVERSEAS LAND & INVESTMENT LTD. Stock China Overseas Land & Investment Ltd.
+1.45% 19.52B
SUMITOMO REALTY & DEVELOPMENT CO., LTD. Stock Sumitomo Realty & Development Co., Ltd.
+28.54% 16.23B
CK ASSET HOLDINGS LIMITED Stock CK Asset Holdings Limited
-14.80% 14.98B
Other Real Estate Development & Operations
  1. Stock Market
  2. Equities
  3. 2777 Stock
  4. Financials Guangzhou R&F Properties Co., Ltd.