DB:C8T

Stock Analysis Report

China Ting Group Holdings

Executive Summary

China Ting Group Holdings Limited, an investment holding company, manufactures, exports, and retails garments in North America, the People’s Republic of China, the European Union, Hong Kong, and internationally.

Risk Analysis

Does not have a meaningful market cap (€714M)



Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: C8T has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

C8T

-5.9%

DE Luxury

-4.7%

DE Market


1 Year Return

1.7%

C8T

26.1%

DE Luxury

8.3%

DE Market

Return vs Industry: C8T underperformed the German Luxury industry which returned 26.1% over the past year.

Return vs Market: C8T underperformed the German Market which returned 8.3% over the past year.


Shareholder returns

C8TIndustryMarket
7 Day0%-5.9%-4.7%
30 Day5.2%-12.2%-4.0%
90 Day8.9%-1.7%-1.4%
1 Year1.7%1.7%28.1%26.1%11.7%8.3%
3 Year-44.7%-49.2%74.4%65.4%11.4%1.6%
5 Year12.6%-1.6%205.7%170.5%15.1%-0.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is China Ting Group Holdings undervalued compared to its fair value and its price relative to the market?

0.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate C8T's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate C8T's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: C8T is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: C8T 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 C8T's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: C8T is good value based on its PB Ratio (0.3x) compared to the DE Luxury industry average (1.8x).


Next Steps

Future Growth

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

11.2%

Forecasted Consumer Durables 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 China Ting Group 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 China Ting Group Holdings performed over the past 5 years?

44.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: C8T is currently unprofitable.

Growing Profit Margin: C8T is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: C8T is unprofitable, but has reduced losses over the past 5 years at a rate of 44.2% per year.

Accelerating Growth: Unable to compare C8T's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: C8T is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-0.9%).


Return on Equity

High ROE: C8T has a negative Return on Equity (-2.14%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is China Ting Group Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: C8T's short term assets (HK$2.7B) exceed its short term liabilities (HK$1.0B).

Long Term Liabilities: C8T's short term assets (HK$2.7B) exceed its long term liabilities (HK$93.2M).


Debt to Equity History and Analysis

Debt Level: C8T's debt to equity ratio (15.5%) is considered satisfactory.

Reducing Debt: C8T's debt to equity ratio has increased from 13.6% to 15.5% over the past 5 years.


Balance Sheet

Inventory Level: C8T has a high level of physical assets or inventory.

Debt Coverage by Assets: C8T's debt is covered by short term assets (assets are 6.6x 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: C8T has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: C8T has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is China Ting Group Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.4%markettop25%3.7%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate C8T's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate C8T'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 C8T's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if C8T's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: C8T is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of C8T'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?

14.3yrs

Average board tenure


CEO

Hung Yi Ting (58yo)

HK$3,018,000

Compensation

Mr. Hung Yi Ting serves as the Chief Executive Officer of China Ting Group Ltd. Mr. Ting joined China Ting Group in May 2002 and has since then been principally responsible for the strategic development of ...


CEO Compensation Analysis

Compensation vs Market: Hung Yi's total compensation ($USD387.15K) is about average for companies of similar size in the German market ($USD414.81K).

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


Board Members

NamePositionTenureCompensationOwnership
Man Yi Ting
Executive Chairman0yrsHK$3.02mno data
Hung Yi Ting
CEO & Executive Director0yrsHK$3.02mno data
Jianer Ding
Executive Director14.7yrsHK$2.15mno data
Ting Yin Cheung
Executive Director13.5yrsHK$1.51mno data
Man Kit Leung
Independent Non-Executive Director14.3yrsHK$240.00kno data
Chi Pang Cheng
Independent Non-Executive Director14.3yrsHK$240.00k0.0095% HK$8.0k
Chi Keung Wong
Independent Non-Executive Director14.3yrsHK$360.00k0.048% HK$40.2k

14.3yrs

Average Tenure

62yo

Average Age

Experienced Board: C8T's board of directors are seasoned and experienced ( 14.3 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

China Ting Group Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Ting Group Holdings Limited
  • Ticker: C8T
  • Exchange: DB
  • Founded: 1992
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: HK$713.938m
  • Listing Market Cap: HK$84.377m
  • Shares outstanding: 2.10b
  • Website: https://www.chinating.com.hk

Number of Employees


Location

  • China Ting Group Holdings Limited
  • King Palace Plaza
  • 27th Floor
  • Kwun Tong
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3398SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2005
C8TDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2005

Biography

China Ting Group Holdings Limited, an investment holding company, manufactures, exports, and retails garments in North America, the People’s Republic of China, the European Union, Hong Kong, and internationally. The company operates through four segments: OEM, Retail, Property Development, and Property Investment. It manufactures and sells garments on an OEM basis; and manufactures and retails branded fashion apparel. The company is also involved in the manufacture of wool textile and knitwear; printing and dyeing silk and other fabrics; and weaving silk fabrics, home textile, and spun silk fabrics. In addition, it develops and invests in properties; and trades in garment products. The company retails its products under the FINITY, ELANIE RIESE, RIVERSTONE, CALVIN KLEIN PERFORMANCE, and VINCE CAMUTO brand names. It operates approximately 500 retail stores. China Ting Group Holdings Limited was founded in 1992 and is headquartered in Kwun Tong, Hong Kong. China Ting Group Holdings Limited is a subsidiary of Longerview Investments Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 21:03
End of Day Share Price2020/02/25 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.