TSXV:MCG

Stock Analysis Report

Mountain China Resorts (Holding)

Executive Summary

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

Snowflake

Risks

  • Mountain China Resorts (Holding) is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.

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


Market Performance


7 Day Return

0%

TSXV:MCG

-1.6%

CA Hospitality

1.2%

CA Market


1 Year Return

-33.3%

TSXV:MCG

-20.4%

CA Hospitality

-0.4%

CA Market

MCG underperformed the Hospitality industry which returned -17.4% over the past year.

MCG underperformed the Market in Canada which returned -0.3% over the past year.


Share holder returns

MCGIndustryMarket
7 Day0%-1.6%1.2%
30 Day0%5.9%3.3%
90 Dayn/a-4.5%0.8%
1 Year-33.3%-33.3%-19.9%-20.4%3.1%-0.4%
3 Year100.0%100.0%20.6%17.4%18.0%7.4%
5 Year-60.0%-60.0%-3.3%-6.1%22.0%4.5%

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


Intrinsic Value Based on Future Cash Flows

Mountain China Resorts (Holding)'s share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Mountain China Resorts (Holding)'s share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Mountain China Resorts (Holding) is loss making, we can't compare its value to the CA Hospitality industry average.

Mountain China Resorts (Holding) is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Mountain China Resorts (Holding), we can't assess if its growth is good value.


Price Based on Value of Assets

Mountain China Resorts (Holding) has negative assets, we can't compare the value of its assets to the CA Hospitality industry average.

Future Growth

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

76.3%

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.

Past Performance

How has Mountain China Resorts (Holding) performed over the past 5 years?

49.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Mountain China Resorts (Holding) does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Mountain China Resorts (Holding)'s 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Mountain China Resorts (Holding)'s 1-year growth to the CA Hospitality industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Mountain China Resorts (Holding) has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

It is difficult to establish if Mountain China Resorts (Holding) has efficiently used its assets last year compared to the CA Hospitality industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Mountain China Resorts (Holding) improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.

Financial Health

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


Financial Position Analysis

Mountain China Resorts (Holding)'s short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Mountain China Resorts (Holding)'s cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Mountain China Resorts (Holding) has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if Mountain China Resorts (Holding)'s debt level has increased considering it has negative shareholder equity.


Balance Sheet

High level of physical assets or inventory.

Mountain China Resorts (Holding) has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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.

Whilst loss making Mountain China Resorts (Holding) has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Mountain China Resorts (Holding) has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 47.4% per year.

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Mountain China Resorts (Holding)'s dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Mountain China Resorts (Holding)'s dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Mountain China Resorts (Holding) has not reported any payouts.

Unable to verify if Mountain China Resorts (Holding)'s dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Mountain China Resorts (Holding) has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.

Management

What is the CEO of Mountain China Resorts (Holding)'s salary, the management and board of directors tenure and is there insider trading?

9.4yrs

Average board tenure


CEO

Gang Han 0

6yrs

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

Gang's remuneration is lower than average for companies of similar size in Canada.

Gang's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

9.4yrs

Average Tenure

58yo

Average Age

The tenure for the Mountain China Resorts (Holding) board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Samuel Tsang (65yo)

    Corporate Secretary

    • Tenure: 0yrs
    • Compensation: CA$53.33k
  • Graham Kwan (55yo)

    Senior Consulting Advisor

    • Tenure: 0yrs
    • Compensation: CA$75.00k
  • Gang Han

    CEO & Director

    • Tenure: 6yrs
    • Compensation: CA$61.96k
  • Yang Shi

    Chief Financial Officer

    • Tenure: 6yrs

Board Members

  • Dongsheng Chen

    Director

    • Tenure: 7.8yrs
  • Frank Tsui (61yo)

    Vice-Chairman

    • Tenure: 11.7yrs
  • Zhenhua Mao (55yo)

    Chairman

    • Tenure: 0yrs
  • Jingru Guan

    Director

    • Tenure: 9.4yrs
  • Lian Wang

    Director

    • Tenure: 9.4yrs
  • Gang Han

    CEO & Director

    • Tenure: 6yrs
    • Compensation: CA$61.96k
  • Philip Li

    Director

    • Tenure: 8.4yrs
    • Compensation: CA$18.00k
  • Shi Chen (58yo)

    Director

    • Tenure: 7.8yrs

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 Analysis2019/09/19 00:02
End of Day Share Price2019/09/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.