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ECG

eCargo HoldingsASX:ECG Stock Report

Market Cap

AU$16.6m

7D

-6.5%

1Y

38.1%

Updated

18 Oct, 2021

Data

Company Financials
ECG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

ECG Overview

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 in China and Australia.

Price History & Performance

Summary of all time highs, changes and price drops for eCargo Holdings
Historical stock prices
Current Share PriceAU$0.029
52 Week HighAU$0.015
52 Week LowAU$0.047
Beta2.34
1 Month Change16.00%
3 Month Change11.54%
1 Year Change38.10%
3 Year Change-77.69%
5 Year Change-86.82%
Change since IPO-91.83%

Recent News & Updates

Shareholder Returns

ECGAU Commercial ServicesAU Market
7D-6.5%-3.0%0.9%
1Y38.1%6.7%20.2%

Return vs Industry: ECG exceeded the Australian Commercial Services industry which returned 6.7% over the past year.

Return vs Market: ECG exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is ECG's price volatile compared to industry and market?
ECG volatility
ECG Beta2.34
Industry Beta0.91
Market Beta1

Stable Share Price: Insufficient data to determine ECG's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine ECG's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aLawrence Lunhttps://www.ecargo.com

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 in China and Australia. It operates as e-commerce and Offline sales enabler that provide various solutions to brands in the field of high-end fashion, consumer goods, beauty and healthcare, and other products. The company provides marketing, trademarking, and TP Management services, as well as a brand growth program that focuses on providing a minimum risk platform for new brands.

eCargo Holdings Fundamentals Summary

How do eCargo Holdings's earnings and revenue compare to its market cap?
ECG fundamental statistics
Market CapHK$95.91m
Earnings (TTM)-HK$18.66m
Revenue (TTM)HK$214.74m

0.5x

P/S Ratio

-5.5x

P/E Ratio

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ECG (A$0.03) is trading below our estimate of fair value (A$0.19)

Significantly Below Fair Value: ECG is trading below fair value by more than 20%.


Price To Earnings Ratio

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


Future Growth

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

12.0%

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.


Past Performance

How has eCargo Holdings performed over the past 5 years?

12.4%

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, but has reduced losses over the past 5 years at a rate of 12.4% 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 (7.9%).


Return on Equity

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


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 68.7% per year.


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?

1.1yrs

Average management tenure


CEO

Lawrence Lun

1.08yrs

Tenure

Mr. Lawrence Lun is Group Chief Executive Officer of eCargo Holdings Limited since September 28, 2020. He Served as Chief Commercial Officer of eCargo Holdings Limited until 2019. He was part of the foundi...


Leadership Team

Experienced Management: ECG's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: ECG's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

eCargo Holdings Limited's 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$16.612m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:03
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.