ASX:ECG

Stock Analysis Report

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Executive Summary

eCargo Holdings Limited, together with its subsidiaries, engages in the development and provision of e-commerce technologies, integrated offline and online supply chain operations, and digital commerce solutions and services. More Details


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has eCargo Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ECG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

ECG

-1.8%

AU Commercial Services

-0.1%

AU Market


1 Year Return

-67.2%

ECG

-18.1%

AU Commercial Services

-12.0%

AU Market

Return vs Industry: ECG underperformed the Australian Commercial Services industry which returned -16% over the past year.

Return vs Market: ECG underperformed the Australian Market which returned -10.5% over the past year.


Shareholder returns

ECGIndustryMarket
7 Day0%-1.8%-0.1%
30 Day42.9%-2.8%-2.9%
90 Day0%-3.2%1.1%
1 Year-67.2%-67.2%-14.0%-18.1%-8.7%-12.0%
3 Year-60.0%-60.0%11.6%-1.0%17.7%2.6%
5 Year-86.7%-86.7%38.6%13.0%44.5%14.1%

Price Volatility Vs. Market

How volatile is eCargo Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is eCargo Holdings undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: ECG (A$0.02) is trading above our estimate of fair value (A$0.01)

Significantly Below Fair Value: ECG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ECG is unprofitable, so we can't compare its PE Ratio to the AU Commercial Services industry average.

PE vs Market: ECG is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ECG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ECG has negative assets, so we can't compare its PB Ratio to the AU Commercial Services industry average.


Next Steps

Future Growth

How is eCargo Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.8%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as eCargo Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has eCargo Holdings performed over the past 5 years?

-4.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ECG is currently unprofitable.

Growing Profit Margin: ECG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ECG is unprofitable, and losses have increased over the past 5 years at a rate of 4.4% per year.

Accelerating Growth: Unable to compare ECG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ECG is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (0.2%).


Return on Equity

High ROE: ECG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is eCargo Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: ECG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ECG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ECG has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ECG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable ECG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ECG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 64.4% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ECG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ECG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ECG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ECG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ECG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average management tenure


CEO

John Lau (72 yo)

0.083

Tenure

Mr. Shek Yau Lau, also known as John, founded Cargo Services Far East Limited (CSFE) in 1991 and serves as its Managing Director. He serves as an Executive Chairman of eCargo Holdings Limited, has been its ...


Leadership Team

NamePositionTenureCompensationOwnership
Shek Yau Lau
Founder0.083yrno datano data
Franc Renzi
Chief Operating Officer5.25yrsno datano data
John Muir
Sales Directorno datano datano data
Justus Johannes Wilde
Chief Strategy Officer5.25yrsno datano data
Haiyun Chen
Chief Product Officer1.58yrsno datano data
Irene Yip
Company Secretaryno datano datano data

3.4yrs

Average Tenure

Experienced Management: ECG's management team is considered experienced (3.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shek Yau Lau
Founder0.083yrno datano data
Rupert H. Myer
Independent Non-Executive Director6.08yrsHK$98.25k1.46%
HK$ 180.0k
Heath Zarin
Independent Non-Executive Director6.25yrsHK$95.29kno data
Kwan Lau
Non-Independent Non-Executive Director6.42yrsno data1.32%
HK$ 162.8k
Yuming Zou
Independent Non-Executive Director0.67yrno datano data

6.2yrs

Average Tenure

61yo

Average Age

Experienced Board: ECG's board of directors are considered experienced (6.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

eCargo Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: eCargo Holdings Limited
  • Ticker: ECG
  • Exchange: ASX
  • Founded: 2014
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: AU$12.305m
  • Shares outstanding: 615.25m
  • Website: https://www.ecargo.com

Location

  • eCargo Holdings Limited
  • 13103N, ATL Logistics Centre B
  • Berth 3, Kwai Chung Container Terminals
  • Kwai Chung
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ECGASX (Australian Securities Exchange)YesNPV CDI 1:1AUAUDNov 2014
ECGCHIA (Chi-X Australia)YesNPV CDI 1:1AUAUDNov 2014

Biography

eCargo Holdings Limited, together with its subsidiaries, engages in the development and provision of e-commerce technologies, integrated offline and online supply chain operations, and digital commerce sol ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/17 19:02
End of Day Share Price2020/09/04 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.