000029.SHE ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd
- Market cap
- CNY 18.3B
- P/E
- -
- P/B
- 5.12x
- ROE
- -0.2%
- Dividend yield
- 0.02%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000029.SHE undervalued?
Graham numberThe Graham number of ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd cannot be estimated reliably (it needs positive earnings and book value).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd fundamental analysis
No fundamental analysis for ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd yet.
ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd stock price
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About ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd
Shenzhen Special Economic Zone Real Estate & Properties (Group) Co., Ltd. develops and sells residential real estate properties in the People's Republic of China and internationally. It also engages in the property leasing and management; sale of commercial housing units; retail and trade of commodities; hotel business; engineering construction; equipment installation and maintenance; construction; and interior decoration and other activities. The company was founded in 1980…
Full company profileShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 2.35B | 1.35B | 2.18B | 2.55B | 1.62B | 1.32B | 634M | 531M | 407M | 1.48B | 327M |
| Gross Profit | 683M | 382M | 1.24B | 1.59B | 810M | 654M | 197M | -306M | 74.7M | 404M | 51.8M |
| Operating Income | 419M | 244M | 682M | 731M | 371M | 285M | 215M | -431M | -383M | 293M | -21.0M |
| EBITDA | 430M | 275M | 715M | 761M | 431M | 317M | 244M | -400M | -350M | 323M | -6.13M |
| Net Income | 312M | 185M | 503M | 552M | 290M | 221M | 154M | -251M | -177M | 100.0M | -7.22M |
| EPS | 0.31 | 0.18 | 0.50 | 0.55 | 0.29 | 0.22 | 0.15 | -0.25 | -0.17 | 0.10 | -0.01 |
| Balance Sheet | |||||||||||
| Total Assets | 3.79B | 3.99B | 4.65B | 4.91B | 4.94B | 6.18B | 5.69B | 6.49B | 5.99B | 3.88B | 3.84B |
| Total Liabilities | 1.27B | 1.29B | 1.47B | 1.38B | 1.28B | 1.96B | 1.40B | 2.71B | 2.59B | 413M | 406M |
| Shareholders' Equity | 2.64B | 2.83B | 3.32B | 3.67B | 3.80B | 3.94B | 4.00B | 3.69B | 3.51B | 3.61B | 3.58B |
| Cash & Short-term Investments | 1.27B | 1.21B | 2.05B | 2.51B | 2.69B | 1.08B | 606M | 1.75B | 1.52B | 1.33B | 294M |
| Total Debt | 248M | 186M | 23.8M | 59.1M | 76.9M | 50.6M | 105M | 183M | 63.8M | 50.0K | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 527M | -17.8M | 1.06B | 604M | 285M | -1.21B | -676M | 1.05B | -127M | -94.5M | - |
| Capital Expenditure | 1.82M | 817K | 630K | 21.9M | 749K | 1.85M | 714K | 1.48M | 1.55M | 1.91M | 641K |
| Free Cash Flow | 525M | -18.6M | 1.06B | 582M | 284M | -1.21B | -676M | 1.04B | -129M | -96.4M | 61.1M |
| Ratios | |||||||||||
| ROE | 11.8% | 6.5% | 15.2% | 15.1% | 7.6% | 5.6% | 3.8% | -6.8% | -5.0% | 2.8% | -0.2% |
| ROA | 8.2% | 4.6% | 10.8% | 11.3% | 5.9% | 3.6% | 2.7% | -3.9% | -3.0% | 2.6% | -0.2% |
| Net Profit Margin | 13.2% | 13.7% | 23.1% | 21.7% | 18.0% | 16.7% | 24.2% | -47.2% | -43.4% | 6.8% | -2.2% |
| Debt to Equity | 0.09x | 0.07x | 0.01x | 0.02x | 0.02x | 0.01x | 0.03x | 0.05x | 0.02x | 0.00x | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd dividends
- Dividend yield
- 0.02%
- Forward dividend
- 0.04 CNY
- Payout ratio
- 3.8%
- Ex-dividend date
- Jun 15, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 3.76M | 0.00 | 3.8% |
| 2024 | CNY 5.25M | 0.01 | - |
| 2023 | CNY 67.4M | 0.07 | - |
| 2022 | CNY 89.0M | 0.09 | 57.9% |
| 2021 | CNY 88.0M | 0.09 | 39.9% |
| 2020 | CNY 167M | 0.17 | 57.5% |
| 2019 | CNY 202M | 0.20 | 36.6% |
| 2018 | CNY 2.82M | 0.00 | 0.6% |
| 2017 | CNY 11.4M | 0.01 | 6.2% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 14.8:10 on Feb 17, 2006.
Who owns ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd
- Insiders 71.36%
- Institutions 0.79%
- Public & others 27.85%
- Shares outstanding 892M
- Free float 403M
ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd company profile
- Company name
- ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd
- Ticker
- 000029.SHE
- ISIN
- CNE0000009X5
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jun 21, 1993
- Sector
- Real Estate
- Industry
- Real Estate Management & Development
- Employees
- 210
- Fiscal year end
- December
- Address
- Shenfang Plaza, Shenzhen, China, 518001
- Phone
- 86 755 8229 3000
- Website
- sfjt.com.cn
About ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd
Shenzhen Special Economic Zone Real Estate & Properties (Group) Co., Ltd. develops and sells residential real estate properties in the People's Republic of China and internationally. It also engages in the property leasing and management; sale of commercial housing units; retail and trade of commodities; hotel business; engineering construction; equipment installation and maintenance; construction; and interior decoration and other activities. The company was founded in 1980 and is headquartered in Shenzhen, the People's Republic of China. Shenzhen Special Economic Zone Real Estate & Properties (Group) Co., Ltd. is a subsidiary of Shenzhen Investment Holdings Co., Ltd.
ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd management
7- Mr. Ming ChengActing GM & Chairman · born 1973
- Mr. Jianfei WangCFO & Director · born 1973
- Mr. Yi LuoSecretary of the Board · born 1974
- Mr. Zhiyong WuVice General Manager · born 1972
- Mr. Hongwei ZhangVice General Manager · born 1966
- Mr. Weijun HuangVice General Manager · born 1972
- Hongpu ZhouChief Accountant