DB:4P9

Stock Analysis Report

Pan Asia Environmental Protection Group

Executive Summary

Pan Asia Environmental Protection Group Limited sells environmental protection (EP) products and equipment in the People’s Republic of China.


Snowflake Analysis

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

How has Pan Asia Environmental Protection Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 4P9's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

4P9

1.9%

DE Commercial Services

2.0%

DE Market


1 Year Return

-3.7%

4P9

-2.5%

DE Commercial Services

15.1%

DE Market

Return vs Industry: 4P9 underperformed the German Commercial Services industry which returned -0.5% over the past year.

Return vs Market: 4P9 underperformed the German Market which returned 15% over the past year.


Shareholder returns

4P9IndustryMarket
7 Day0%1.9%2.0%
30 Day9.9%0.5%1.0%
90 Day-9.3%6.7%3.8%
1 Year-3.7%-3.7%1.0%-2.5%18.6%15.1%
3 Year-51.9%-51.9%12.0%2.2%16.8%6.6%
5 Year-50.9%-51.6%4.9%-9.8%23.7%6.7%

Price Volatility Vs. Market

How volatile is Pan Asia Environmental Protection Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Pan Asia Environmental Protection Group 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: 4P9 (€0.08) is trading below our estimate of fair value (€3.2)

Significantly Below Fair Value: 4P9 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 4P9 is unprofitable, so we can't compare its PE Ratio to the Commercial Services industry average.

PE vs Market: 4P9 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 4P9's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 4P9 is good value based on its PB Ratio (0.5x) compared to the DE Commercial Services industry average (3.3x).


Next Steps

Future Growth

How is Pan Asia Environmental Protection Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.9%

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 Pan Asia Environmental Protection Group 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 Pan Asia Environmental Protection Group performed over the past 5 years?

-35.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4P9 is currently unprofitable.

Growing Profit Margin: 4P9 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 4P9 is unprofitable, and losses have increased over the past 5 years at a rate of -35% per year.

Accelerating Growth: Unable to compare 4P9's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 4P9 is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (10.8%).


Return on Equity

High ROE: 4P9 has a negative Return on Equity (-1.09%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Pan Asia Environmental Protection Group's financial position?


Financial Position Analysis

Short Term Liabilities: 4P9's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥79.4M).

Long Term Liabilities: 4P9's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥22.4M).


Debt to Equity History and Analysis

Debt Level: 4P9's debt to equity ratio (4.1%) is considered satisfactory.

Reducing Debt: 4P9's debt to equity ratio has increased from 1.2% to 4.1% over the past 5 years.


Balance Sheet

Inventory Level: 4P9 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 4P9's debt is covered by short term assets (assets are 26.3x debt).


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: 4P9 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: 4P9 has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is Pan Asia Environmental Protection Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.3%markettop25%3.6%industryaverage3.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 4P9's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 4P9's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 4P9's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 4P9's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 4P9 is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 4P9's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

12.2yrs

Average board tenure


CEO

Xin Jiang (34yo)

3.2yrs

Tenure

CN¥925,000

Compensation

Mr. Xin Jiang has been Chief Executive Officer and Executive Director at Pan Asia Environmental Protection Group Limited since December 22, 2016. Mr. Jiang has been General Manager at China Rare Earth Hold ...


CEO Compensation Analysis

Compensation vs Market: Xin's total compensation ($USD132.40K) is below average for companies of similar size in the German market ($USD412.37K).

Compensation vs Earnings: Xin's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Xin Jiang
Chairman & CEO3.2yrsCN¥925.00kno data
Yajun Fan
Non-Executive Director12.9yrsCN¥103.00kno data
Shu Sun Leung
Independent Non-Executive Director12.2yrsCN¥185.00kno data
Guozhen Wang
Independent Non-Executive Director12.2yrsCN¥51.00kno data
Wing Lee Lai
Independent Non-Executive Director12.2yrsCN¥51.00kno data

12.2yrs

Average Tenure

56yo

Average Age

Experienced Board: 4P9's board of directors are seasoned and experienced ( 12.2 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Pan Asia Environmental Protection Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pan Asia Environmental Protection Group Limited
  • Ticker: 4P9
  • Exchange: DB
  • Founded: 1998
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: HK$697.200m
  • Listing Market Cap: HK$82.790m
  • Shares outstanding: 840.00m
  • Website: https://www.paep.com.cn

Number of Employees


Location

  • Pan Asia Environmental Protection Group Limited
  • Tower One
  • Room 1101, 11th Floor
  • Admiralty
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
556SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2007
4P9DB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2007

Biography

Pan Asia Environmental Protection Group Limited sells environmental protection (EP) products and equipment in the People’s Republic of China. It operates in two segments, EP Products and Equipment, and EP Construction Engineering services. The company offers water treatment products and equipment for the treatment of industrial and urban waste water; and flue gas treatment products and equipment. It also undertakes EP construction engineering projects. The company was founded in 1998 and is headquartered in Admiralty, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 21:30
End of Day Share Price2020/02/14 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.