China Merchants Property Operation & Service Co., Ltd.
Shenzhen Stock ExchangeTotal Valuation
China Merchants Property Operation & Service Co., Ltd. carries a market capitalization of 9.11B, placing it among publicly traded companies globally. Its enterprise value stands at 10.79B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 9.11B |
| Enterprise Value | 10.79B |
Share Statistics
China Merchants Property Operation & Service Co., Ltd. currently has 1.06B shares outstanding.
| Shares Outstanding | 1.06B |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
China Merchants Property Operation & Service Co., Ltd. trades at a trailing price-to-earnings ratio of 14.90. The price-to-sales ratio is 0.71, and the price-to-book ratio stands at 1.87.
| PE Ratio | 14.90 |
| PS Ratio | 0.71 |
| PB Ratio | 1.87 |
| P/TBV Ratio | 1.73 |
| P/FCF Ratio | 617.85 |
| P/OCF Ratio | N/A |
Enterprise Valuation
On an enterprise value basis, China Merchants Property Operation & Service Co., Ltd. trades at an EV/EBITDA multiple of 8.77 and an EV/FCF ratio of 205.40. The EV/Sales ratio of 0.58 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 8.77 provides insight into valuation relative to core operating earnings.
| EV / Sales | 0.58 |
| EV / EBITDA | 8.77 |
| EV / EBIT | 8.77 |
| EV / FCF | 205.40 |
Financial Position
China Merchants Property Operation & Service Co., Ltd. maintains a current ratio of 1.33, meaning it holds 1.3x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 7.31, indicating elevated leverage, while an interest coverage ratio of 30.41 demonstrates strong ability to service its debt obligations.
| Current Ratio | 1.33 |
| Quick Ratio | 0.46 |
| Debt / Equity | 7.31 |
| Debt / EBITDA | 0.64 |
| Interest Coverage | 30.41 |
Financial Efficiency
China Merchants Property Operation & Service Co., Ltd. posts a return on equity of 13.08 and a return on invested capital of 8.10.
| Return on Equity (ROE) | 13.08 |
| Return on Assets (ROA) | 4.64 |
| Return on Invested Capital (ROIC) | 8.10 |
| Return on Capital Employed (ROCE) | 10.95 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 14.45 |
Taxes
Over the trailing twelve months, China Merchants Property Operation & Service Co., Ltd. has paid 265.09M in income taxes, reflecting an effective tax rate of 22.63.
| Income Tax | 265.09M |
| Effective Tax Rate | 22.63 |
Stock Price Statistics
China Merchants Property Operation & Service Co., Ltd.'s stock has declined approximately -28.15615% over the past 52 weeks. The 50-day moving average sits at 9.59, while the 200-day moving average is 10.72.
| Beta (5Y) | N/A |
| 52-Week Price Change | -28.15615% |
| 50-Day Moving Average | 9.59 |
| 200-Day Moving Average | 10.72 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, China Merchants Property Operation & Service Co., Ltd. generated 18.44B in revenue and converted that into 879.26M in net income, yielding earnings per share of 0.86. EBITDA reached 1.23B, while operating income came in at 1.23B.
| Revenue | 18.44B |
| Gross Profit | 2.17B |
| Operating Income | 1.23B |
| Pretax Income | 1.17B |
| Net Income | 879.26M |
| EBITDA | 1.23B |
| EBIT | 1.23B |
| Earnings Per Share (EPS) | 0.86 |
Balance Sheet
China Merchants Property Operation & Service Co., Ltd. holds 3.27B in cash and equivalents against 789.31M in total debt, resulting in a net debt position of -2.74B. Total book value stands at 7.03B, with working capital of 2.35B providing operational flexibility.
| Cash & Cash Equivalents | 3.27B |
| Total Debt | 789.31M |
| Net Debt | -2.74B |
| Equity (Book Value) | 7.03B |
| Book Value Per Share | 6.63 |
| Working Capital | 2.35B |
Cash Flow
After subtracting -21.21M in capital expenditures, free cash flow totaled -21.21M - equivalent to -0.02 per share.
| Operating Cash Flow | N/A |
| Capital Expenditures | -21.21M |
| Free Cash Flow | -21.21M |
| FCF Per Share | -0.02 |
Margins
China Merchants Property Operation & Service Co., Ltd. operates with a gross margin of 11.77, reflecting its pricing power and cost economics. The operating margin of 6.67 and net profit margin of 4.77 provide insight into operational efficiency.
| Gross Margin | 11.77 |
| Operating Margin | 6.67 |
| Pretax Margin | 6.35 |
| Profit Margin | 4.77 |
| EBITDA Margin | 6.67 |
Dividends & Yields
The company's payout ratio of 22.85 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 0.20 |
| Dividend Yield | N/A |
| Payout Ratio | 22.85 |
| Shareholder Yield | 7.88 |
| FCF Yield | 0.16 |
Stock Splits
China Merchants Property Operation & Service Co., Ltd.'s most recent stock split took place on May 17, 2012 with a 1:2 split ratio.
| Last Split Date | 5/17/2012 |
| Split Ratio | 1:2 |
Scores
China Merchants Property Operation & Service Co., Ltd. posts an Altman Z-Score of 3.02, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 3.02 |