China Overseas Property Holdings Limited - 2669.HK

2669.HK Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
2669.HK	0	3.4	-1.4	-19.7	2.3	4.9	-46.8	-5.2	365.1	365.1
S&P 500	1.0	1.5	1.1	2.3	8.9	23.6	33.8	80.6	196.5	33856.2

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	2669.HK
name	China Overseas Property Holdings Limited
price	4.93
changes percentage	0
change	0
day low	4.88
day high	5.04
year high	7.19
year low	3.89
market cap	16189922800
price avg 50	5.2026
price avg 200	5.14045
exchange	HKSE
volume	3625666
avg volume	4735801
open	4.88
previous close	4.93
eps	0.47
pe	10.49
earnings announcement	2025-03-20T12:00:00.000+0000
shares outstanding	3283960000
timestamp	2025-01-20 08:08:32

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 42.3%

Overall Quarterly Financial Health: 53.3%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	13051250000	12763281000	2.26
gross profit	2069820000	2061314000	0.41
gross profit ratio	0.16	0.16	-1.80
research and development expenses	0	0.13	-100.00
operating expenses	266393000	479483000	-44.44
interest income	81774000	60312000	35.58
interest expense	6519000	14001000	-53.44
ebitda	1892636000	1667092000	13.53
ebitdaratio	0.15	0.13	11.02
operating income	1803427000	1581831000	14.01
operating income ratio	0.14	0.12	11.49
net income	1342503000	1093633000	22.76
net income ratio	0.1	0.09	20.05
eps	0.45	0.39	15.38

Overall Score of Annual Income Statement

None

Detailed Analysis

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
revenue	7348084304	7205109760	1.98
gross profit	1233866852	1197379482	3.05
gross profit ratio	0.17	0.17	1.04
research and development expenses	0	0	NaN
operating expenses	164237207	242567124	-32.29
interest income	0	0	NaN
interest expense	0	2957000	-100.00
ebitda	1118290051	976926064	14.47
ebitdaratio	0.15	0.14	12.24
operating income	1069629645	954695671	12.04
operating income ratio	0.15	0.13	9.86
net income	792489702	751964940	5.39
net income ratio	0.11	0.1	3.34
eps	0.24	0.23	4.35

Overall Score of Quarterly Income Statement

0.71 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 7,348 million in 2024Q2 from 7,205 million in 2023Q4 representing a change of 1.98%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 1,234 million in 2024Q2 from 1,197 million in 2023Q4 representing a change of 3.05%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 164 million in 2024Q2 from 243 million in 2023Q4 representing a change of -32.29%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  Net Income: Net income increased to 792 million in 2024Q2 from 752 million in 2023Q4 representing a change of 5.39%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.24 in 2024Q2 from 0.24 in 2023Q4 representing a change of 4.35%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 1,118 million in 2024Q2 from 977 million in 2023Q4 representing a change of 14.47%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to 1,070 million in 2024Q2 from 955 million in 2023Q4 representing a change of 12.04%. The decrease in operating income indicates worse operational performance and decreased profitability.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	11682572676	10121395000	15.42
total liabilities	7083654696	6458412000	9.68
total equity	4593296831	3662983000	25.40
cash and cash equivalents	5130660000	2747938000	86.71
short term investments	0	1943182000	-100.00
long term investments	0	9890000	-100.00
total current assets	9930865000	9527343000	4.24
total non current assets	679958000	321878000	111.25
total current liabilities	6365241000	6356801000	0.13
total non current liabilities	68565000	101611000	-32.52
common stock	2679000	3287000	-18.50
retained earnings	4265548979	3534324000	20.69
total debt	111813000	206549000	-45.87

Overall Score of Annual Balance Sheet

0.6 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 11,683 million in 2023 from 10,121 million in 2022 representing a change of 15.42%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 4,593 million in 2023 from 3,663 million in 2022 representing a change of 25.4%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 5,131 million in 2023 from 2,748 million in 2022 representing a change of 86.71%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 9,931 million in 2023 from 9,527 million in 2022 representing a change of 4.24%. This indicates a better liquidity position.

  Retained Earnings: Retained Earnings increased to 4,266 million in 2023 from 3,534 million in 2022 representing a change of 20.69%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 112 million in 2023 from 207 million in 2022 representing a change of -45.87%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 7,084 million in 2023 from 6,458 million in 2022 representing a change of 9.68%. This indicates an increase in overall liabilities.

  Short Term Investments: Short Term Investments decreased to 0 million in 2023 from 1,943 million in 2022 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 6,365 million in 2023 from 6,357 million in 2022 representing a change of 0.13%. This indicates a higher short-term debt burden.

  Common Stock: Common Stock decreased to 3 in 2023 from 3 in 2022 representing a change of -18.5%. This indicates a decrease in ownership interest.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
total assets	12324676021	10610823000	16.15
total liabilities	7321192109	6433806000	13.79
total equity	5003483912	4177017000	19.79
cash and cash equivalents	5378317732	5130660000	4.83
short term investments	0	140227639	-100.00
long term investments	21232660	14844000	43.04
total current assets	11522366213	9930865000	16.03
total non current assets	802309808	679958000	17.99
total current liabilities	7217048918	6365241000	13.38
total non current liabilities	104143191	68565000	51.89
common stock	2876509	2679000	7.37
retained earnings	5061196776	3874231000	30.64
total debt	185182966	111813000	65.62

Overall Score of Quarterly Balance Sheet

0.6 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 12,325 million in 2024Q2 from 10,611 million in 2023Q4 representing a change of 16.15%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 5,003 million in 2024Q2 from 4,177 million in 2023Q4 representing a change of 19.79%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 5,378 million in 2024Q2 from 5,131 million in 2023Q4 representing a change of 4.83%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 11,522 million in 2024Q2 from 9,931 million in 2023Q4 representing a change of 16.03%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 3 in 2024Q2 from 3 in 2023Q4 representing a change of 7.37%. This indicates an increase in ownership interest.

  Retained Earnings: Retained Earnings increased to 5,061 million in 2024Q2 from 3,874 million in 2023Q4 representing a change of 30.64%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 7,321 million in 2024Q2 from 6,434 million in 2023Q4 representing a change of 13.79%. This indicates an increase in overall liabilities.

  Short Term Investments: Short Term Investments decreased to 0 million in 2024Q2 from 140 million in 2023Q4 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 7,217 million in 2024Q2 from 6,365 million in 2023Q4 representing a change of 13.38%. This indicates a higher short-term debt burden.

  Total Debt: Total Debt increased to 185 million in 2024Q2 from 112 million in 2023Q4 representing a change of 65.62%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	773565000	-550214000	240.59
operating cash flow	1504676000	1229081000	22.42
free cash flow	1361246000	1110088000	22.63
capital expenditure	-143430000	-118993000	-20.54
depreciation and amortization	91427534	85261000	7.23
deferred income tax	0	-495202000	100.00
stock based compensation	671082	5411000	-87.60
accounts payables	694466931	866689000	-19.87
inventory	131125692	-34022000	485.41
acquisitions net	0	-48029999	100.00
investments in property plant and equipment	-54489699	-118993000	54.21
net cash used for investing activites	-278990000	-1226394000	77.25
debt repayment	-4023297	-34899284	88.47
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-448694563	-328686000	-36.51
net cash used provided by financing activities	-462844000	-316597000	-46.19
cash at end of period	3514133761	2747938000	27.88
accounts receivables	-710168952	-1151047000	38.30
cash at beginning of period	2736742393	3298152000	-17.02

Overall Score of Annual Cashflow Statement

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 774 million in 2023 from -550 million in 2022 representing a change of 240.59%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 1,505 million in 2023 from 1,229 million in 2022 representing a change of 22.42%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 1,361 million in 2023 from 1,110 million in 2022 representing a change of 22.63%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to -143 million in 2023 from -119 million in 2022 representing a change of -20.54%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Stock-Based Compensation: Stock-Based Compensation decreased to 1 million in 2023 from 5 million in 2022 representing a change of -87.6%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

  Accounts Payables: The absolute value of Accounts Payables decreased to 694 million in 2023 from 867 million in 2022 representing a change of -19.87%. This indicates that the company has reduced its outstanding obligations to its suppliers.

• 📉 Negative Indicators

  Deferred Income Tax: Deferred Income Tax increased to 0 million in 2023 from -495 million in 2022 representing a change of 100.0%. This indicates that the company's tax liability for future periods has increased.

  Accounts Receivables: Accounts Receivables increased to -710 in 2023 from -1,151 million in 2022 representing a change of 38.3%. This suggests that the company is less capable of collecting payments from its customers.

  Dividends Paid: Dividends Paid decreased to -449 million in 2023 from -329 million in 2022 representing a change of -36.51%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
operating cash flow	-85972932	1871726746	-104.59
free cash flow	-105359554	1845469596	-105.71
capital expenditure	-19550738	-26257150	25.54
depreciation and amortization	0	79551880	-100.00
deferred income tax	0	0	NaN
stock based compensation	278302	-1535833	118.12
accounts receivables	0	-723390635	100.00
accounts payables	0	0	NaN
inventory	0	130548649	-100.00
acquisitions net	0	0	NaN
investments in property plant and equipment	-19386622	-26257150	26.17
net cash used for investing activites	-50936894	-215677244	76.38
debt repayment	-19962568	0	NaN
common stock issued	0	0	NaN
common stock repurchased	-12442168	0	NaN
dividends paid	0	-448694563	100.00
net cash used provided by financing activities	-33999119	-469844982	92.76
net change in cash	3266871506	1267001850	157.84
cash at end of period	3266871506	3598382850	-9.21
cash at beginning of period	0	2331381000	-100.00

Overall Score of Quarterly Cashflow Statement

0.29 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 3,267 million in 2024Q2 from 1,267 million in 2023Q4 representing a change of 157.84%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Dividends Paid: Dividends Paid increased to 0 million in 2024Q2 from -449 million in 2023Q4 representing a change of 100.0%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to -86 million in 2024Q2 from 1,872 million in 2023Q4 representing a change of -104.59%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to -105 million in 2024Q2 from 1,845 million in 2023Q4 representing a change of -105.71%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure increased to -20 million in 2024Q2 from -26 million in 2023Q4 representing a change of 25.54%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Stock-Based Compensation: Stock-Based Compensation increased to 0 million in 2024Q2 from -2 million in 2023Q4 representing a change of 118.12%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Accounts Receivables: Accounts Receivables increased to 0 in 2024Q2 from -723 million in 2023Q4 representing a change of 100.0%. This suggests that the company is less capable of collecting payments from its customers.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	3.97	3.88	2.26
net income per share	0.41	0.33	22.76
operating cash flow per share	0.46	0.37	22.42
free cash flow per share	0.41	0.34	22.62
cash per share	1.56	1.43	9.37
book value per share	1.4	1.11	25.55
tangible book value per share	1.34	1.08	24.41
shareholders equity per share	1.38	1.1	25.65
interest debt per share	0.04	0.07	-46.35
market cap	19261020637.4	26722175539.8	-27.92
enterprise value	14242173637.4	24180786539.8	-41.10
pe ratio	14.35	24.43	-41.28
price to sales ratio	1.48	2.09	-29.51
pocfratio	12.8	21.74	-41.12
pfcf ratio	14.15	24.07	-41.22
pb ratio	4.24	7.4	-42.64
ptb ratio	4.24	7.4	-42.64
ev to sales	1.09	1.89	-42.40
enterprise value over ebitda	7.53	14.5	-48.12
ev to operating cash flow	9.47	19.67	-51.89
ev to free cash flow	10.46	21.78	-51.97
earnings yield	0.07	0.04	70.31
free cash flow yield	0.07	0.04	70.13
debt to equity	0.02	0.06	-56.92
debt to assets	0.01	0.02	-53.10
net debt to ebitda	-2.65	-1.52	-73.95
current ratio	1.56	1.5	4.10
interest coverage	276.64	112.98	144.86
income quality	0.83	0.97	-13.57
dividend yield	0.02	0.01	89.39
payout ratio	0.33	0.3	11.21
sales general and administrative to revenue	0.03	0.04	-18.73
research and ddevelopement to revenue	0	0.0	-100.00
intangibles to total assets	0.02	0.01	39.22
capex to operating cash flow	0.1	0.1	-1.54
capex to revenue	0.01	0.01	17.88
capex to depreciation	1.57	1.4	12.41
stock based compensation to revenue	0.0	0.0	-87.87
graham number	3.56	2.87	24.19
roic	0.31	0.34	-7.24
return on tangible assets	0.12	0.11	6.83
graham net net	-0.48	0.38	-226.83
working capital	3565624000	3170542000	12.46
tangible asset value	4414401980	3548159000	24.41
net current asset value	2847210304	3068931000	-7.22
invested capital	3920287000	3482530000	12.57
average receivables	1687829000	2796238000	-39.64
average payables	1664355500	982712000	69.36
average inventory	853226500	953051500	-10.47
days sales outstanding	0	96.54	-100.00
days payables outstanding	66.27	45.53	45.56
days of inventory on hand	24.45	33.11	-26.15
receivables turnover	0	3.78	-100.00
payables turnover	5.51	8.02	-31.30
inventory turnover	14.93	11.02	35.41
roe	0.3	0.3	-2.30
capex per share	0.04	0.04	20.54

• Neutral

  ROE: Return on Equity (ROE) decreased to 0.30 on 2023-12-31 from 0.30 on 2022-12-31, representing a change of -2.30%. However, ROE is >= 15%, suggesting that the company has been generating high returns for its shareholders still.

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 14.35 on 2023-12-31 from 24.43 on 2022-12-31, representing a change of -41.28%. Indicating a decrease in the relative valuation of the company's stock.

• Positive

  Current Ratio: Current Ratio increased to 1.56 on 2023-12-31 from 1.50 on 2022-12-31, representing a change of 4.10%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.02 on 2023-12-31 from 0.06 on 2022-12-31, representing a change of -56.92%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-06-30 Q2	2023-12-31 Q4	Q/Q change %
2669.HK
calendar year	2024	2023	NaN
revenue per share	2.24	2.19	2.03
net income per share	0.24	0.23	5.44
operating cash flow per share	-0.03	0.57	-104.60
free cash flow per share	-0.03	0.56	-105.71
cash per share	1.64	1.6	2.08
book value per share	1.52	1.27	19.84
tangible book value per share	1.45	1.21	19.31
shareholders equity per share	1.5	1.25	19.89
interest debt per share	0.06	0.03	61.42
market cap	15375555444.6	19261041176.7	-20.17
enterprise value	10182420678.6	14242194176.7	-28.51
pe ratio	4.85	6.4	-24.25
price to sales ratio	2.09	2.67	-21.73
pocfratio	-178.84	10.29	-1837.93
pfcf ratio	-145.93	10.44	-1498.25
pb ratio	3.11	4.67	-33.38
ptb ratio	3.11	4.67	-33.38
ev to sales	1.39	1.98	-29.90
enterprise value over ebitda	9.11	14.58	-37.54
ev to operating cash flow	-118.44	7.61	-1656.52
ev to free cash flow	-96.64	7.72	-1352.30
earnings yield	0.05	0.04	32.02
free cash flow yield	-0.01	0.1	-107.15
debt to equity	0.04	0.03	38.21
debt to assets	0.02	0.01	42.59
net debt to ebitda	-4.64	-5.14	9.61
current ratio	1.6	1.56	2.33
interest coverage	0	322.86	-100.00
income quality	-0.11	2.49	-104.36
dividend yield	0	0.02	-100.00
payout ratio	0	0.6	-100.00
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.02	0.02	13.02
capex to operating cash flow	-0.23	0.01	-1721.05
capex to revenue	0.0	0.0	-26.99
capex to depreciation	0	0.33	-100.00
stock based compensation to revenue	0.0	-0.0	117.77
graham number	2.86	2.54	12.43
roic	0.15	0.17	-8.30
return on tangible assets	0.07	0.07	-9.06
graham net net	0.5	0.52	-4.16
working capital	4305317295	3565624000	20.75
tangible asset value	4761260736	3992501000	19.26
net current asset value	4201174104	3497059000	20.13
invested capital	4744846273	3920287000	21.03
average receivables	None	None	NaN
average payables	None	None	NaN
average inventory	None	None	NaN
days sales outstanding	52.38	41.67	25.71
days payables outstanding	37.26	29.87	24.74
days of inventory on hand	10.9	11.02	-1.09
receivables turnover	1.72	2.16	-20.45
payables turnover	2.42	3.01	-19.83
inventory turnover	8.26	8.17	1.10
roe	0.16	0.18	-12.05
capex per share	0.01	0.01	-25.51

• Neutral

  ROE: Return on Equity (ROE) decreased to 0.16 on 2024-06-30 Q2 from 0.18 on 2023-12-31 Q4, representing a change of -12.05%. However, ROE is >= 15%, suggesting that the company has been generating high returns for its shareholders still.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.04 on 2024-06-30 Q2 from 0.03 on 2023-12-31 Q4, representing a change of 38.21%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 4.85 on 2024-06-30 Q2 from 6.40 on 2023-12-31 Q4, representing a change of -24.25%. Indicating a decrease in the relative valuation of the company's stock.

• Positive

  Current Ratio: Current Ratio increased to 1.60 on 2024-06-30 Q2 from 1.56 on 2023-12-31 Q4, representing a change of 2.33%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Positive Sentiment: Discounted Cash Flow value is 14.42 which is higher than current price 4.93, indicates the company may be undervalued.