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Mountain China Resorts (Holding)

Executive Summary

Melco China Resorts (Holding) Limited develops and operates ski resorts in China. More Details


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Mountain China Resorts (Holding)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

MCG

1.9%

CA Hospitality

0.6%

CA Market


1 Year Return

0%

MCG

-28.5%

CA Hospitality

-7.5%

CA Market

Return vs Industry: MCG exceeded the Canadian Hospitality industry which returned -28.5% over the past year.

Return vs Market: MCG exceeded the Canadian Market which returned -7.5% over the past year.


Shareholder returns

MCGIndustryMarket
7 Day0%1.9%0.6%
30 Day0%1.6%-1.1%
90 Dayn/a-0.3%6.6%
1 Year0%0%-26.0%-28.5%-4.2%-7.5%
3 Year-50.0%-50.0%-6.2%-14.2%10.0%-0.6%
5 Year0%0%48.7%31.8%42.3%20.3%

Price Volatility Vs. Market

How volatile is Mountain China Resorts (Holding)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Mountain China Resorts (Holding) undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Mountain China Resorts (Holding) is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Mountain China Resorts (Holding) has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of MCG's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Mountain China Resorts (Holding) regulatory filings.
  • Explore potentially undervalued companies in the Consumer Services industry.

Future Growth

How is Mountain China Resorts (Holding) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

64.4%

Forecasted Consumer 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 Mountain China Resorts (Holding) 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 Mountain China Resorts (Holding) performed over the past 5 years?

20.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MCG is currently unprofitable.

Growing Profit Margin: MCG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MCG is unprofitable, but has reduced losses over the past 5 years at a rate of 20.9% per year.

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

Earnings vs Industry: MCG is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-6.7%).


Return on Equity

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


Next Steps

Financial Health

How is Mountain China Resorts (Holding)'s financial position?


Financial Position Analysis

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

Long Term Liabilities: MCG 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: MCG has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: MCG'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: MCG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MCG has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.9% each year.


Next Steps

Dividend

What is Mountain China Resorts (Holding) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate MCG'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 MCG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MCG'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 MCG's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

9.9yrs

Average board tenure


CEO

Gang Han

7yrs

Tenure

CA$61,962

Compensation

Dr. Gang Han has been the Chief Executive Officer at Mountain China Resorts Holdings Limited since September 08, 2013 and serves as its Director since April 8, 2010. Previously, he served as the Chief Fina ...


CEO Compensation Analysis

Compensation vs Market: Gang's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD178.23K).

Compensation vs Earnings: Gang's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Gang Han
CEO & Director7yrsCA$61.96kno data
Dongsheng Chen
Director8.83yrsno datano data
Zhenhua Mao
Chairmanno datano datano data
Jingru Guan
Director10.42yrsno datano data
Lian Wang
Independent Director10.42yrsno datano data
Wing Kuen Li
Independent Director9.42yrsCA$18.00kno data
Shi Chen
Independent Director8.83yrsno datano data

9.9yrs

Average Tenure

Experienced Board: MCG's board of directors are considered experienced (9.9 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

Mountain China Resorts (Holding) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mountain China Resorts (Holding) Limited
  • Ticker: MCG
  • Exchange: TSXV
  • Founded:
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: CA$3.089m
  • Shares outstanding: 308.86m
  • Website: https://www.mountainchinaresorts.com

Location

  • Mountain China Resorts (Holding) Limited
  • No. 54 Lishi Hutong
  • South Dongsi Street
  • Beijing
  • 10010
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MCGTSXV (TSX Venture Exchange)YesCommon SharesCACADMay 2008
SZ4AXTRA (XETRA Trading Platform)YesCommon SharesDEEURMay 2008
SZ4ADB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2008
MLCO.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 2008

Biography

Melco China Resorts (Holding) Limited develops and operates ski resorts in China. Its portfolio includes Sun Mountain Yabuli, Sky Mountain Beidahu, The Lotus Mountain Club, Adventure Mountain Changchun, an ...


Company Analysis and Financial Data Status

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