DB:HGG

Stock Analysis Report

Executive Summary

Hosen Group Ltd., an investment holding company, develops, trades in, and distributes canned seafood products, canned fruits and vegetables, canned meat products, and chocolate products in Singapore, Malaysia, and internationally.


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-41.7%

HGG

5.7%

DE Consumer Retailing

9.9%

DE Market


1 Year Return

-76.7%

HGG

-9.2%

DE Consumer Retailing

-17.5%

DE Market

Return vs Industry: HGG underperformed the German Consumer Retailing industry which returned -9.4% over the past year.

Return vs Market: HGG underperformed the German Market which returned -17.7% over the past year.


Shareholder returns

HGGIndustryMarket
7 Day-41.7%5.7%9.9%
30 Day-65.0%-1.8%-16.6%
90 Day-70.8%-9.8%-24.8%
1 Year-76.7%-76.7%-5.6%-9.2%-15.0%-17.5%
3 Year-83.5%-84.1%-2.4%-12.0%-17.4%-24.5%
5 Year-87.6%-88.3%-4.4%-19.0%-16.6%-28.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Hosen Group undervalued compared to its fair value and its price relative to the market?

0.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: HGG is good value based on its PB Ratio (0.2x) compared to the XE Consumer Retailing industry average (1.3x).


Next Steps

Future Growth

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

16.6%

Forecasted Consumer Retailing 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 Hosen 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 Hosen Group performed over the past 5 years?

13.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HGG is currently unprofitable.

Growing Profit Margin: HGG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HGG is unprofitable, but has reduced losses over the past 5 years at a rate of 13.9% per year.

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

Earnings vs Industry: HGG is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (2.2%).


Return on Equity

High ROE: HGG has a negative Return on Equity (-4.75%), as it is currently unprofitable.


Next Steps

Financial Health

How is Hosen Group's financial position?


Financial Position Analysis

Short Term Liabilities: HGG's short term assets (SGD37.0M) exceed its short term liabilities (SGD24.4M).

Long Term Liabilities: HGG's short term assets (SGD37.0M) exceed its long term liabilities (SGD4.8M).


Debt to Equity History and Analysis

Debt Level: HGG's debt to equity ratio (59.5%) is considered high.

Reducing Debt: HGG's debt to equity ratio has increased from 54.1% to 59.5% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: HGG's debt is covered by short term assets (assets are 2.2x 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: HGG has been profitable on average in the past, therefore cash runway is not a concern.

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


Next Steps

Dividend

What is Hosen Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

6.0yrs

Average management tenure


CEO

Hai Cheok Lim (70yo)

15.67s

Tenure

S$165,600

Compensation

Mr. Hai Cheok Lim is a co-founder and serves as the Chief Executive Officer of Hosen Group Ltd. Mr. Lim has been the Managing Director of HSF since its incorporation as a private limited company on March 1 ...


Leadership Team

NamePositionTenureCompensationOwnership
Hai Cheok Lim
Co-Founder15.67yrsS$165.60k20.01% SGD827.3k
Poh Soon Chong
Co-Founder15.67yrsS$114.00k19.96% SGD825.3k
Kim Eng Lim
Head of Re-Export Business & Executive Director15.67yrsS$147.60k5.48% SGD226.7k
Hock Chye Lim
Head of House Brands & Direct Distribution Businesses and Executive Director16yrsS$72.00k2.04% SGD84.2k
Sin Yam Ho
Chief Financial Officer6yrsno datano data
Foon Kuen Lai
Company Secretary4.58yrsno datano data

6.0yrs

Average Tenure

66yo

Average Age

Experienced Management: HGG's management team is seasoned and experienced (6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hai Cheok Lim
Co-Founder15.67yrsS$165.60k20.01% SGD827.3k
Poh Soon Chong
Co-Founder15.67yrsS$114.00k19.96% SGD825.3k
Kim Eng Lim
Head of Re-Export Business & Executive Director15.67yrsS$147.60k5.48% SGD226.7k
Hock Chye Lim
Head of House Brands & Direct Distribution Businesses and Executive Director16yrsS$72.00k2.04% SGD84.2k
Piew Wee
Non-Executive Independent Chairman2.83yrsno datano data
Heng Seng Lim
Non-Executive Independent Director15.67yrsno datano data

15.7yrs

Average Tenure

62yo

Average Age

Experienced Board: HGG's board of directors are seasoned and experienced ( 15.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: HGG 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

Hosen Group Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hosen Group Ltd.
  • Ticker: HGG
  • Exchange: DB
  • Founded: 2004
  • Industry: Food Distributors
  • Sector: Consumer Retailing
  • Market Cap: S$6.498m
  • Listing Market Cap: S$4.135m
  • Shares outstanding: 324.90m
  • Website: https://www.hosengroup.com

Location

  • Hosen Group Ltd.
  • 267 Pandan Loop
  • Singapore
  • 128439
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5EVCatalist (Singapore Exchange Catalist Market)YesOrdinary SharesSGSGDSep 2004
HGGDB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 2004

Biography

Hosen Group Ltd., an investment holding company, develops, trades in, and distributes canned seafood products, canned fruits and vegetables, canned meat products, and chocolate products in Singapore, Malaysia, and internationally. It operates through two segments, House Brands and Non-House Brands. The company offers a range of fruits, vegetables, condiments, and beverages in can, bottle, and pouch packaging under the Hosen brand name; canned seafood, such as braised abalone and various types of shellfish under the Fortune brand name; canned meat and breakfast spreads under the Highway brand; western products under the LaDiva brand; and chocolate products with various contents packed in bottle, pouch, and tin under the Sincero brand. It is also involved in the importation, distribution, wholesale, and retail of canned food and household consumable goods. The company also exports its products. Hosen Group Ltd. was incorporated in 2004 and is based in Singapore. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 21:51
End of Day Share Price2020/03/31 00:00
Earnings2019/12/31
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.