Ankündigung • Feb 12
CTF Services Limited to Report First Half, 2025 Results on Feb 26, 2025 CTF Services Limited announced that they will report first half, 2025 results on Feb 26, 2025 Ankündigung • Nov 22
NWS Holdings Limited Approves the Final Dividend for the Financial Year Ended 30 June 2024 NWS Holdings Limited at its annual general meeting Held on 22 November 2024, approved the final dividend of HKD 0.35 per share for the financial year ended 30 June 2024. Reported Earnings • Sep 26
Full year 2024 earnings released: EPS: HK$0.56 (vs HK$0.55 in FY 2023) Full year 2024 results: EPS: HK$0.56 (up from HK$0.55 in FY 2023). Revenue: HK$26.4b (down 42% from FY 2023). Net income: HK$2.54b (up 18% from FY 2023). Profit margin: 9.6% (up from 4.8% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Industrials industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Ankündigung • Sep 17
JOST Werke SE (XTRA:JST) signs exclusivity agreement to acquire Hyva Global B.V. from NWS Holdings Limited (SEHK:659) and Unitas Capital Pte. Ltd. JOST Werke SE (XTRA:JST) signs exclusivity agreement to acquire Hyva Global B.V. from NWS Holdings Limited (SEHK:659) and Unitas Capital Pte. Ltd. on September 16, 2024. The transaction will be financed through a combination of cash, drawdowns from currently undrawn credit facilities as well as via debt acquisition financing. No equity capital increase is contemplated nor necessary in order to finance the transaction. JOST Werke is targeting to sign a definitive agreement in Q4 2024.
In the last twelve months, ended June 30, 2024, Hyva generated sales of about €624 million, a gross profit margin of 23.4% and an adj. EBIT of €41 million. JOST has identified a synergy potential of more than €20 million p.a. and expects the acquisition to be value accretive. Through a combination of both businesses as well as the realization of the identified synergies, Hyva’s profitability is expected to match JOST’s strategic adj. EBIT margin corridor (10.0% to 12.0%) two years after closing. Ankündigung • Sep 11
NWS Holdings Limited to Report Fiscal Year 2024 Results on Sep 25, 2024 NWS Holdings Limited announced that they will report fiscal year 2024 results on Sep 25, 2024 Ankündigung • Jul 23
NWS Holdings Limited (SEHK:659) agreed to acquire Hsin Chong Aster Building Services Limited from Mr. Wong Yu Ming and Chow Tai Fook Capital Limited for approximately 540 million. NWS Holdings Limited (SEHK:659) agreed to acquire Hsin Chong Aster Building Services Limited from Mr. Wong Yu Ming and Chow Tai Fook Capital Limited for approximately 540 million on July 22, 2024. A cash consideration of HKD 538.6 million will be paid by NWS Holdings Limited. NWS Holdings Limited will pay an earnout/contingent payment in cash. As part of consideration, HKD 508.6 million is paid towards common equity and HKD 30 million is paid towards non-convertible debt of Hsin Chong Aster Building Services Limited.
For the period ending December 31, 2023, Hsin Chong Aster Building Services Limited reported net income of HKD 35.1 million. As of December 31, 2023, Hsin Chong Aster Building Services Limited reported total common equity of HKD 114 million.
The transaction is subject to Hsin Chong Aster Building Services Limited having completed disposal of all its equity interest in Aster Zhong Biao and consummation of due diligence investigation. The transaction will be funded from internal sources. Reported Earnings • Mar 29
First half 2024 earnings released: EPS: HK$0.28 (vs HK$0.25 in 1H 2023) First half 2024 results: EPS: HK$0.28 (up from HK$0.25 in 1H 2023). Revenue: HK$14.0b (up 6.7% from 1H 2023). Net income: HK$1.11b (up 14% from 1H 2023). Profit margin: 8.0% (up from 7.5% in 1H 2023). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Industrials industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to HK$8.91, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 6x in the Industrials industry in Hong Kong. Total returns to shareholders of 24% over the past three years. Upcoming Dividend • Mar 01
Upcoming dividend of HK$2.09 per share Eligible shareholders must have bought the stock before 08 March 2024. Payment date: 19 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.7%. Lower than top quartile of Hong Kong dividend payers (8.3%). In line with average of industry peers (6.9%). Reported Earnings • Feb 29
First half 2024 earnings released: EPS: HK$0.28 (vs HK$0.30 in 1H 2023) First half 2024 results: EPS: HK$0.28 (down from HK$0.30 in 1H 2023). Revenue: HK$14.0b (down 20% from 1H 2023). Net income: HK$1.11b (down 4.4% from 1H 2023). Profit margin: 8.0% (up from 6.6% in 1H 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Industrials industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Feb 28
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 23% to HK$8.77. The fair value is estimated to be HK$7.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 42% in the next 2 years. Ankündigung • Feb 15
NWS Holdings Limited to Report Q2, 2024 Results on Feb 27, 2024 NWS Holdings Limited announced that they will report Q2, 2024 results on Feb 27, 2024 Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to HK$7.40, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Industrials industry in Asia. Total returns to shareholders of 27% over the past three years. Ankündigung • Nov 11
Nws Holdings Limited Approves Final Dividend for the Financial Year End 30 June 2023 NWS Holdings Limited approved the final dividend of HKD 0.31 per share for the financial year ended 30 June 2023. Upcoming Dividend • Nov 07
Upcoming dividend of HK$0.31 per share at 6.5% yield Eligible shareholders must have bought the stock before 14 November 2023. Payment date: 07 December 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.5%. Lower than top quartile of Hong Kong dividend payers (8.2%). Lower than average of industry peers (7.3%). Ankündigung • Oct 18
NWS Holdings Limited, Annual General Meeting, Nov 10, 2023 NWS Holdings Limited, Annual General Meeting, Nov 10, 2023, at 11:00 China Standard Time. Location: Meeting Room S421 (Harbour Road Entrance), Hong Kong Convention and Exhibition Centre 1 Expo Drive Wanchai Hong Kong Agenda: To receive and consider the audited financial statements and the Reports of the Directors and the Independent Auditor for the financial year ended 30 June 2023; to declare a final dividend for the financial year ended 30 June 2023; to re-elect directors; and to consider other matters. Reported Earnings • Oct 01
Full year 2023 earnings released: EPS: HK$0.55 (vs HK$0.33 in FY 2022) Full year 2023 results: EPS: HK$0.55 (up from HK$0.33 in FY 2022). Revenue: HK$45.2b (up 45% from FY 2022). Net income: HK$2.64b (up 105% from FY 2022). Profit margin: 5.8% (up from 4.1% in FY 2022). Revenue is expected to decline by 5.3% p.a. on average during the next 2 years, while revenues in the Industrials industry in Hong Kong are expected to grow by 4.5%. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Ankündigung • Sep 16
NWS Holdings Limited to Report Fiscal Year 2023 Results on Sep 29, 2023 NWS Holdings Limited announced that they will report fiscal year 2023 results on Sep 29, 2023 Ankündigung • Jun 28
Chow Tai Fook Enterprises Limited made an offer to acquire additional 96.955655% stake in NWS Holdings Limited (SEHK:659) from New World Development Company Limited (SEHK:17) and others for HKD 34.6 billion. Chow Tai Fook Enterprises Limited made an offer to acquire additional 96.955655% stake in NWS Holdings Limited (SEHK:659) from New World Development Company Limited (SEHK:17) and others for HKD 34.6 billion on June 27, 2023. The offer price per share is HKD 9.15 for 3,791,380,925 shares and 84,638,650 options having exercisable price of HKD 7.83. NWS board has established a special committee comprising To Hin Tsun, Gerald, Dominic Lai, Shek Lai Him, Abraham, Lee Yiu Kwong, Alan, Oei Wai Chi Grace Fung, Wong Kwai Huen, Albert, Professor Chan Ka Keung, Ceajer and Ng Yuen Ting, Yolanda, to make a recommendation to the Disinterested NWS Shareholders and the Disinterested NWS Option holders as to whether the NWS Offers are, or are not, fair and reasonable and as to acceptance. Transaction is conditional upon acceptance of all 60.87559% stake owned by New Development Company, Shareholders approval of New Development Company for the disposal, and other conditions. If a threshold of 90% will be achieved, the offeror will go for compulsory acquisition. The Hongkong and Shanghai Banking Corporation Limited, BOCI Asia Limited, and ING Bank N.V., Hong Kong Branch acted as financial advisors to Chow Tai Fook Enterprises Limited. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to HK$8.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 4x in the Industrials industry in Hong Kong. Total returns to shareholders of 70% over the past three years. Upcoming Dividend • Mar 13
Upcoming dividend of HK$0.30 per share at 8.7% yield Eligible shareholders must have bought the stock before 20 March 2023. Payment date: 06 April 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 8.7%. Within top quartile of Hong Kong dividend payers (8.2%). Higher than average of industry peers (6.2%). Reported Earnings • Feb 24
First half 2023 earnings released: EPS: HK$0.30 (vs HK$0.31 in 1H 2022) First half 2023 results: EPS: HK$0.30 (down from HK$0.31 in 1H 2022). Revenue: HK$17.6b (up 7.8% from 1H 2022). Net income: HK$1.16b (down 3.6% from 1H 2022). Profit margin: 6.6% (down from 7.4% in 1H 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Industrials industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Ankündigung • Feb 10
NWS Holdings Limited to Report First Half, 2023 Results on Feb 23, 2023 NWS Holdings Limited announced that they will report first half, 2023 results on Feb 23, 2023 Upcoming Dividend • Nov 16
Upcoming dividend of HK$0.31 per share Eligible shareholders must have bought the stock before 23 November 2022. Payment date: 16 December 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 9.7%. Within top quartile of Hong Kong dividend payers (8.8%). Higher than average of industry peers (6.8%). Reported Earnings • Oct 01
Full year 2022 earnings released: EPS: HK$0.35 (vs HK$0.30 in FY 2021) Full year 2022 results: EPS: HK$0.35 (up from HK$0.30 in FY 2021). Revenue: HK$31.1b (up 10% from FY 2021). Net income: HK$1.87b (up 57% from FY 2021). Profit margin: 6.0% (up from 4.2% in FY 2021). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Industrials industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 14
Upcoming dividend of HK$0.30 per share Eligible shareholders must have bought the stock before 21 March 2022. Payment date: 07 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 8.2%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (5.0%). Reported Earnings • Feb 28
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: EPS: HK$0.31 (up from HK$0.14 in 1H 2021). Revenue: HK$16.3b (up 15% from 1H 2021). Net income: HK$1.21b (up 123% from 1H 2021). Profit margin: 7.4% (up from 3.8% in 1H 2021). Revenue missed analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 7.5%, compared to a 11% growth forecast for the industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Nov 17
Upcoming dividend of HK$0.30 per share Eligible shareholders must have bought the stock before 24 November 2021. Payment date: 20 December 2021. Trailing yield: 7.8%. Within top quartile of Hong Kong dividend payers (6.9%). Higher than average of industry peers (5.2%). Reported Earnings • Oct 01
Full year 2021 earnings released: EPS HK$0.30 (vs HK$0.065 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: HK$28.2b (up 8.8% from FY 2020). Net income: HK$1.19b (up 370% from FY 2020). Profit margin: 4.2% (up from 1.0% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Director Overboarding • Aug 05
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 03
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Reported Earnings • Mar 20
First half 2021 earnings released: EPS HK$0.14 (vs HK$0.33 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: HK$14.2b (up 26% from 1H 2020). Net income: HK$540.1m (down 58% from 1H 2020). Profit margin: 3.8% (down from 12% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 66% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 15
Upcoming Dividend of HK$0.29 Per Share Will be paid on the 14th of April to those who are registered shareholders by the 22nd of March. The trailing yield of 6.3% is in the top quartile of Hong Kong dividend payers (6.2%), and it is higher than industry peers (5.8%). Reported Earnings • Mar 01
First half 2021 earnings released: EPS HK$0.14 (vs HK$0.39 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: HK$14.2b (up 7.7% from 1H 2020). Net income: HK$540.1m (down 64% from 1H 2020). Profit margin: 3.8% (down from 12% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 19
New 90-day high: HK$8.08 The company is up 3.0% from its price of HK$7.83 on 20 November 2020. The Hong Kong market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Industrials industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$17.66 per share. Is New 90 Day High Low • Jan 12
New 90-day high: HK$8.00 The company is up 22% from its price of HK$6.54 on 15 October 2020. The Hong Kong market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$17.98 per share. Is New 90 Day High Low • Nov 10
New 90-day high: HK$7.32 The company is up 10.0% from its price of HK$6.64 on 12 August 2020. The Hong Kong market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$15.77 per share. Reported Earnings • Oct 25
Full year earnings released - EPS HK$0.065 Over the last 12 months the company has reported total profits of HK$253.2m, down 94% from the prior year. Total revenue was HK$25.9b over the last 12 months, down 3.4% from the prior year. Profit margins were 1.0%, which is lower than the 15% margin from last year. The decrease in margin was primarily driven by higher expenses. Analyst Estimate Surprise Post Earnings • Oct 25
Annual earnings released: Revenue misses expectations Annual revenue missed analyst estimates by 10% at HK$25.9b. Revenue is forecast to grow 23% over the next year, compared to a 11% growth forecast for the Industrials industry in Hong Kong. Is New 90 Day High Low • Oct 23
New 90-day high: HK$7.12 The company is up 8.0% from its price of HK$6.59 on 24 July 2020. The Hong Kong market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$14.81 per share. Reported Earnings • Oct 02
Full year earnings released - EPS HK$0.065 Over the last 12 months the company has reported total profits of HK$253.2m, down 94% from the prior year. Total revenue was HK$25.9b over the last 12 months, down 3.4% from the prior year. Profit margins were 1.0%, which is lower than the 15% margin from last year. The decrease in margin was primarily driven by higher expenses. Is New 90 Day High Low • Sep 25
New 90-day low: HK$5.82 The company is down 13% from its price of HK$6.72 on 26 June 2020. The Hong Kong market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Industrials industry, which is also down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$20.41 per share. 