Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

BBMG

DB:9BM
Snowflake Description

Average dividend payer and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
9BM
DB
HK$35B
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

BBMG Corporation provides cement and building materials in the People’s Republic of China and internationally. The last earnings update was 19 days ago. More info.


Add to Portfolio Compare Print
  • BBMG has significant price volatility in the past 3 months.
9BM Share Price and Events
7 Day Returns
3.8%
DB:9BM
6.6%
Europe Basic Materials
2.1%
DE Market
1 Year Returns
-33.7%
DB:9BM
-26.7%
Europe Basic Materials
-16.6%
DE Market
9BM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
BBMG (9BM) 3.8% -12.8% -18.7% -33.7% -62% -61.2%
Europe Basic Materials 6.6% -18.2% -32.2% -26.7% -36.7% -34%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • 9BM underperformed the Basic Materials industry which returned -26.7% over the past year.
  • 9BM underperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
9BM
Industry
5yr Volatility vs Market

9BM Value

 Is BBMG undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of BBMG to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for BBMG.

DB:9BM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in CNY CN¥ 0.098091
Payout Ratio Company Filings (2019-12-31) 18745.2%
Discount Rate (Cost of Equity) See below 12.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:9BM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.3%
Basic Materials Unlevered Beta Simply Wall St/ S&P Global 0.82
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.817 (1 + (1- 25%) (379.45%))
2.436
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 6.33%)
12.27%

Discounted Cash Flow Calculation for DB:9BM using Dividend Discount Model Model

The calculations below outline how an intrinsic value for BBMG is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:9BM Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= CN¥0.1 / (12.27% - -0.39%)
CN¥0.01
DB:9BM Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:2009)
1.1
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥0.56 x 1.1
HK$0.62
Non-primary Listing Adjustment Factor 1 share in DB:9BM represents 0.10955x of SEHK:2009
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.10955x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 0.62 x 0.10955
€0.07
Value per share (EUR) From above. €0.07
Current discount Discount to share price of €0.22
= -1 x (€0.22 - €0.07) / €0.07
-220.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of BBMG is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for BBMG's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are BBMG's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:9BM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥0.35
SEHK:2009 Share Price ** SEHK (2020-04-07) in HKD HK$1.99
SEHK:2009 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.909 CN¥1.81
Europe Basic Materials Industry PE Ratio Median Figure of 33 Publicly-Listed Basic Materials Companies 9.52x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of BBMG.

DB:9BM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:2009 Share Price ÷ EPS (both in CNY)

= 1.81 ÷ 0.35

5.17x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BBMG is good value based on earnings compared to the Europe Basic Materials industry average.
  • BBMG is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does BBMG's expected growth come at a high price?
Raw Data
DB:9BM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.17x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
2%per year
Europe Basic Materials Industry PEG Ratio Median Figure of 17 Publicly-Listed Basic Materials Companies 1.67x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

DB:9BM PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 5.17x ÷ 2%

2.54x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BBMG is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on BBMG's assets?
Raw Data
DB:9BM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥5.90
SEHK:2009 Share Price * SEHK (2020-04-07) in HKD HK$1.99
SEHK:2009 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.909 CN¥1.81
Europe Basic Materials Industry PB Ratio Median Figure of 39 Publicly-Listed Basic Materials Companies 0.85x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:9BM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:2009 Share Price ÷ Book Value per Share (both in CNY)

= 1.81 ÷ 5.90

0.31x

* Primary Listing of BBMG.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BBMG is good value based on assets compared to the Europe Basic Materials industry average.
X
Value checks
We assess BBMG's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Basic Materials industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Basic Materials industry average (and greater than 0)? (1 check)
  5. BBMG has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

9BM Future Performance

 How is BBMG expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is BBMG expected to grow at an attractive rate?
  • BBMG's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • BBMG's earnings growth is positive but not above the Germany market average.
  • BBMG's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:9BM Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:9BM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts 2%
DB:9BM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts 1.3%
Europe Basic Materials Industry Earnings Growth Rate Market Cap Weighted Average 4.7%
Europe Basic Materials Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:9BM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:9BM Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 95,339 11,427 3,665 4
2021-12-31 94,569 12,083 4,313 9
2020-12-31 93,631 16,756 3,951 10
2020-04-07
DB:9BM Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 91,829 9,522 3,694
2019-09-30 94,416 4,018 3,873
2019-06-30 92,362 -456 3,896
2019-03-31 89,188 -5,485 3,895
2018-12-31 83,117 -5,043 3,260
2018-09-30 73,616 -2,874 3,335
2018-06-30 69,578 -4,150 3,400
2018-03-31 62,279 -7,677 2,183
2017-12-31 63,678 -11,855 2,837
2017-09-30 61,190 -12,700 3,021
2017-06-30 53,758 -6,194 2,712
2017-03-31 51,646 -3,823 2,977

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • BBMG's earnings are expected to grow by 2% yearly, however this is not considered high growth (20% yearly).
  • BBMG's revenue is expected to grow by 1.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:9BM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below

All data from BBMG Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:9BM Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.32 0.40 0.25 3.00
2021-12-31 0.39 0.50 0.30 7.00
2020-12-31 0.36 0.41 0.28 6.00
2020-04-07
DB:9BM Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 0.35
2019-09-30 0.36
2019-06-30 0.36
2019-03-31 0.37
2018-12-31 0.31
2018-09-30 0.32
2018-06-30 0.32
2018-03-31 0.21
2017-12-31 0.27
2017-09-30 0.28
2017-06-30 0.25
2017-03-31 0.26

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • BBMG is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess BBMG's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
BBMG has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

9BM Past Performance

  How has BBMG performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare BBMG's growth in the last year to its industry (Basic Materials).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • BBMG's year on year earnings growth rate has been positive over the past 5 years.
  • BBMG's 1-year earnings growth exceeds its 5-year average (13.3% vs 12.6%)
  • BBMG's earnings growth has not exceeded the Europe Basic Materials industry average in the past year (13.3% vs 20.8%).
Earnings and Revenue History
BBMG's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from BBMG Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:9BM Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 91,829.31 3,693.58 10,132.57 232.89
2019-09-30 94,416.20 3,873.48 10,651.32 215.07
2019-06-30 92,362.43 3,895.82 10,515.38 211.71
2019-03-31 89,188.27 3,894.99 10,249.29 182.59
2018-12-31 83,116.73 3,260.45 10,071.19 154.34
2018-09-30 73,616.38 3,335.48 9,630.31 145.10
2018-06-30 69,577.88 3,400.50 8,596.76 120.09
2018-03-31 62,278.95 2,183.47 9,096.49 108.63
2017-12-31 63,678.33 2,836.66 8,941.95 79.49
2017-09-30 61,189.93 3,020.57 8,420.72 74.04
2017-06-30 53,757.84 2,711.88 7,613.68 22.65
2017-03-31 51,646.42 2,976.57 6,577.18
2016-12-31 47,738.77 2,686.65 5,803.30
2016-09-30 47,697.84 3,226.14 4,525.02
2016-06-30 46,315.83 2,790.86 4,578.05
2016-03-31 40,595.44 2,021.85 4,483.47
2015-12-31 40,925.34 2,017.45 4,466.19
2015-09-30 38,347.06 1,743.69 4,363.03
2015-06-30 38,659.96 2,089.82 4,253.65
2015-03-31 39,696.70 2,355.48 4,286.26
2014-12-31 41,241.47 2,422.72 4,252.29
2014-09-30 43,580.93 3,221.10 4,336.17
2014-06-30 45,040.95 3,296.83 4,385.85
2014-03-31 46,370.31 3,489.90 4,335.61
2013-12-31 44,789.76 3,215.18 4,235.78
2013-09-30 40,139.76 2,895.35 3,900.07
2013-06-30 39,694.76 2,880.48 3,752.94

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • BBMG has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • BBMG used its assets less efficiently than the Europe Basic Materials industry average last year based on Return on Assets.
  • BBMG has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess BBMG's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Basic Materials industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
BBMG has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

9BM Health

 How is BBMG's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up BBMG's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • BBMG is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • BBMG's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of BBMG's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from BBMG Company Filings, last reported 3 months ago.

DB:9BM Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 82,531.35 120,785.61 22,340.32
2019-09-30 82,747.42 120,635.67 18,340.00
2019-06-30 81,619.27 111,800.99 23,915.10
2019-03-31 79,715.63 124,992.46 23,088.05
2018-12-31 79,214.50 115,061.45 19,809.03
2018-09-30 79,112.63 112,986.53 20,293.71
2018-06-30 76,339.37 106,407.76 19,030.83
2018-03-31 69,101.89 97,880.51 16,876.15
2017-12-31 69,917.81 91,787.00 17,950.07
2017-09-30 65,119.59 100,125.02 20,264.16
2017-06-30 64,010.01 95,227.91 23,353.88
2017-03-31 63,019.11 90,055.81 22,899.59
2016-12-31 62,909.51 85,033.13 28,720.75
2016-09-30 48,109.61 48,468.25 22,767.01
2016-06-30 43,493.00 50,433.27 17,301.61
2016-03-31 42,292.42 48,578.25 21,245.19
2015-12-31 42,181.87 45,597.65 18,474.67
2015-09-30 35,724.04 44,101.28 11,694.06
2015-06-30 35,639.19 40,849.88 8,210.65
2015-03-31 36,569.71 40,341.90 7,882.14
2014-12-31 36,247.39 40,198.47 11,075.13
2014-09-30 34,319.75 36,479.28 7,601.47
2014-06-30 33,940.76 35,168.13 7,125.78
2014-03-31 33,041.79 35,703.36 9,558.37
2013-12-31 30,025.31 32,898.72 8,595.51
2013-09-30 27,040.70 31,138.37 8,320.45
2013-06-30 26,765.23 28,624.52 8,084.36
  • BBMG's level of debt (146.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (110.9% vs 146.2% today).
  • Debt is not well covered by operating cash flow (7.9%, less than 20% of total debt).
  • BBMG earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess BBMG's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. BBMG has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

9BM Dividends

 What is BBMG's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.04%
Current annual income from BBMG dividends. Estimated to be 5.42% next year.
If you bought €2,000 of BBMG shares you are expected to receive €61 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • BBMG's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.67%).
  • BBMG's dividend is below the markets top 25% of dividend payers in Germany (4.71%).
Upcoming dividend payment

Purchase BBMG before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:9BM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
Europe Basic Materials Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 4.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:9BM Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.09 1.00
2021-12-31 0.09 6.00
2020-12-31 0.12 3.00
2020-04-07
DB:9BM Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-05-16 0.055 2.724
2018-07-04 0.048 2.089
2017-06-27 0.046 1.484
2016-06-27 0.015 0.543
2016-03-23 0.015 0.681
2015-05-28 0.025 1.106
2014-05-22 0.039 1.564
2013-05-21 0.036 1.603
2012-03-28 0.036 1.446
2011-04-18 0.035 1.151
2010-04-29 0.035 0.816
2010-04-16 0.035 1.035

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of BBMG's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (6.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.6x coverage).
X
Income/ dividend checks
We assess BBMG's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can BBMG afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. BBMG has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

9BM Management

 What is the CEO of BBMG's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • BBMG has no CEO, or we have no data on them.
Management Team Tenure

Average tenure and age of the BBMG management team in years:

4.3
Average Tenure
52
Average Age
  • The tenure for the BBMG management team is about average.
Management Team

Deyi Jiang

TITLE
Executive Chairman
COMPENSATION
CN¥854K
AGE
55

Dong Wu

TITLE
Executive Director
COMPENSATION
CN¥757K
AGE
51
TENURE
4.4 yrs

Baojin Zheng

TITLE
Board Secretary & Executive Director
COMPENSATION
CN¥573K
AGE
53
TENURE
4.3 yrs

Dengfeng Zhang

TITLE
General Counsel
COMPENSATION
CN¥475K
AGE
48
TENURE
2.8 yrs

Guoliang Zhang

TITLE
Head of the Discipline Inspection & Supervision Office and Supervisor
AGE
56
TENURE
3.5 yrs

Lawrence Lau

TITLE
Company Secretary
AGE
48
TENURE
7.5 yrs
Board of Directors Tenure

Average tenure and age of the BBMG board of directors in years:

4.4
Average Tenure
55.5
Average Age
  • The tenure for the BBMG board of directors is about average.
Board of Directors

Dong Wu

TITLE
Executive Director
COMPENSATION
CN¥757K
AGE
51
TENURE
4.4 yrs

Baojin Zheng

TITLE
Board Secretary & Executive Director
COMPENSATION
CN¥573K
AGE
53
TENURE
2.7 yrs

Guoliang Zhang

TITLE
Head of the Discipline Inspection & Supervision Office and Supervisor
AGE
56
TENURE
2.8 yrs

Guangjin Wang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥150K
AGE
59
TENURE
5.9 yrs

Deyi Jiang

TITLE
Executive Chairman
COMPENSATION
CN¥854K
AGE
55
TENURE
4.8 yrs

Lihui Tian

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥150K
AGE
46
TENURE
4.4 yrs

Ying Pei

TITLE
Chairman of the Supervisory Board
AGE
59

Yanming Guo

TITLE
Non-Executive Director
COMPENSATION
CN¥725K
AGE
57
TENURE
2.8 yrs

Jun Tang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥150K
AGE
41
TENURE
4.4 yrs

Maurice Ngai

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥150K
AGE
57
TENURE
4.4 yrs
Who owns this company?
Recent Insider Trading
  • BBMG individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
18. Mar 20 Sell Jieliang Ouyang Individual 17. Mar 20 17. Mar 20 -2,000,000 €0.23 €-459,067
27. Dec 19 Buy FMR LLC Company 20. Dec 19 20. Dec 19 1,431,000 €0.26 €377,695
06. Dec 19 Buy FMR LLC Company 03. Dec 19 03. Dec 19 1,239,000 €0.25 €307,608
08. Nov 19 Sell Prime Capital Management Company Limited Company 05. Nov 19 05. Nov 19 -2,000,000 €0.26 €-519,771
04. Sep 19 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 30. Aug 19 30. Aug 19 5,515,004 €0.26 €1,441,329
04. Jul 19 Buy FMR LLC Company 28. Jun 19 28. Jun 19 1,224,000 €0.28 €344,343
13. Jun 19 Sell FMR LLC Company 10. Jun 19 10. Jun 19 -1,634,000 €0.27 €-433,016
06. May 19 Buy FMR LLC Company 30. Apr 19 30. Apr 19 4,717,000 €0.31 €1,480,604
X
Management checks
We assess BBMG's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. BBMG has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

9BM News

Simply Wall St News

9BM Company Info

Description

BBMG Corporation provides cement and building materials in the People’s Republic of China and internationally. The company’s Cement and Ready-Mixed Concrete segment manufactures and sells cement and concrete. Its Modern Building Materials and Commerce and Logistics segment produces furniture and woods, decorative and fitting materials, and wall body and insulation materials; and offers commerce and logistics services. The company’s Property Development segment develops and sells housing properties. Its Property Investment and Management segment invests in properties; and provides management and security services to residential and commercial properties. The company offers mortars and crushed stones, aggregates, slag fine powders, wood based panels, coatings and construction hardware, glass made spectacle lenses, glass wool products, steam and distilled water, waterproof materials, clinkers, refractory materials, aerated concrete panels, resins, machinery equipment and accessories, wind power equipment, doors and windows, metal ores and mining products, sanitary wares, and lime and rock materials; wholesale of coal, building and metal materials, and metallic minerals; and imports and exports bulk materials. It provides building decoration and design consultancy, construction contracting and project management, accommodation and conference, hotel management, elderly care, finance leasing, engineering technology, property consultancy, property rental and incubation, travelling and guest rooms rental, machinery and equipment repair, goods transportation and storage, commodities trading, construction tendering and property agency, waste disposal, finance and financing advisory, exhibition, and knitting processing services; loading, offloading, and handling services; building material testing and labor dispatch services; and operates sports projects, as well as engages in mining of limestone. The company was founded in 2005 and is headquartered in Beijing, China.

Details
Name: BBMG Corporation
9BM
Exchange: DB
Founded: 2005
HK$4,159,623,857
10,677,771,134
Website: http://www.bbmg.com.cn
Address: BBMG Corporation
Global Trade Center No. 36,
Tower D,
Beijing,
100013,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 2009 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong Ltd. HK HKD 29. Jul 2009
DB 9BM Foreign Shares-Foreign Listed Deutsche Boerse AG DE EUR 29. Jul 2009
SHSC 2009 Foreign Shares-Foreign Listed Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect HK HKD 29. Jul 2009
SZSC 2009 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 29. Jul 2009
SHSE 601992 Domestic Shares Shanghai Stock Exchange CN CNY 01. Mar 2011
XSSC 601992 Domestic Shares Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect CN CNY 01. Mar 2011
Number of employees
Current staff
Staff numbers
52,498
BBMG employees.
Industry
Construction Materials
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 23:15
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/03/19
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.