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Genting Hong Kong

DB:TJY
Snowflake Description

Overvalued with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TJY
DB
HK$9B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Genting Hong Kong Limited, an investment holding company, engages in cruise and cruise-related operations; shipyard operations; and leisure, entertainment, and hospitality activities in the Asia Pacific, the United States, Europe, and internationally. The last earnings update was 53 days ago. More info.


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  • Genting Hong Kong has significant price volatility in the past 3 months.
TJY Share Price and Events
7 Day Returns
0%
DB:TJY
0.1%
DE Hospitality
0.3%
DE Market
1 Year Returns
-
DB:TJY
-52.1%
DE Hospitality
-11.7%
DE Market
TJY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Genting Hong Kong (TJY) 0% 2.8% -14.8% - -57.6% -59.2%
DE Hospitality 0.1% -9.9% -9.2% -52.1% -28.9% -25.1%
DE Market 0.3% -2.3% -1.1% -11.7% 12.2% 6.1%
1 Year Return vs Industry and Market
  • No trading data on TJY.
  • No trading data on TJY.
Price Volatility
TJY
Industry
5yr Volatility vs Market

TJY Value

 Is Genting Hong Kong undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Genting Hong Kong. This is due to cash flow or dividend data being unavailable. The share price is €0.109.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Genting Hong Kong's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Genting Hong Kong's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:TJY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.02
SEHK:678 Share Price ** SEHK (2019-06-17) in HKD HK$1.01
SEHK:678 Share Price converted to USD reporting currency Exchange rate (HKD/ USD) 0.128 $0.13
Germany Hospitality Industry PE Ratio Median Figure of 10 Publicly-Listed Hospitality Companies 18.98x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.7x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Genting Hong Kong.

DB:TJY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:678 Share Price ÷ EPS (both in USD)

= 0.13 ÷ -0.02

-5.19x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Genting Hong Kong is loss making, we can't compare its value to the DE Hospitality industry average.
  • Genting Hong Kong is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Genting Hong Kong's expected growth come at a high price?
Raw Data
DB:TJY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.19x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Hospitality Industry PEG Ratio Median Figure of 5 Publicly-Listed Hospitality Companies 1.31x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Genting Hong Kong, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Genting Hong Kong's assets?
Raw Data
DB:TJY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.47
SEHK:678 Share Price * SEHK (2019-06-17) in HKD HK$1.01
SEHK:678 Share Price converted to USD reporting currency Exchange rate (HKD/ USD) 0.128 $0.13
Germany Hospitality Industry PB Ratio Median Figure of 13 Publicly-Listed Hospitality Companies 2.06x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.76x
DB:TJY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:678 Share Price ÷ Book Value per Share (both in USD)

= 0.13 ÷ 0.47

0.27x

* Primary Listing of Genting Hong Kong.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Genting Hong Kong is good value based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Genting Hong Kong's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Genting Hong Kong has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TJY Future Performance

 How is Genting Hong Kong expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Genting Hong Kong 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.9%
Expected Hospitality industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Genting Hong Kong expected to grow at an attractive rate?
  • Unable to compare Genting Hong Kong's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Genting Hong Kong's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Genting Hong Kong's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:TJY Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 18.9%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:TJY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:TJY Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:TJY Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,600 114 -211
2018-09-30 1,518 -6 -196
2018-06-30 1,436 -126 -180
2018-03-31 1,313 -132 -211
2017-12-31 1,190 -137 -242
2017-09-30 1,152 -115 -447
2017-06-30 1,113 -92 -651
2017-03-31 1,065 -95 -577
2016-12-31 1,017 -98 -502
2016-09-30 934 -130 -304
2016-06-30 851 -163 -106
2016-03-31 770 -175 1,003

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Genting Hong Kong is high growth as no earnings estimate data is available.
  • Unable to determine if Genting Hong Kong is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:TJY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Genting Hong Kong Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:TJY Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:TJY Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.03
2017-09-30 -0.05
2017-06-30 -0.08
2017-03-31 -0.07
2016-12-31 -0.06
2016-09-30 -0.04
2016-06-30 -0.01
2016-03-31 0.12

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Genting Hong Kong will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of TJY’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.
  2. Genting Hong Kong's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Services companies here
  3. Genting Hong Kong's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Genting Hong Kong's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Genting Hong Kong has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TJY Past Performance

  How has Genting Hong Kong performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Genting Hong Kong's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Genting Hong Kong does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Genting Hong Kong's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Genting Hong Kong's 1-year growth to the DE Hospitality industry average as it is not currently profitable.
Earnings and Revenue History
Genting Hong Kong's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Genting Hong Kong Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:TJY Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,600.10 -210.88 271.27
2018-09-30 1,517.82 -195.55 272.50
2018-06-30 1,435.53 -180.22 273.73
2018-03-31 1,312.97 -211.25 279.46
2017-12-31 1,190.42 -242.29 285.19
2017-09-30 1,151.88 -446.58 285.76
2017-06-30 1,113.35 -650.86 286.33
2017-03-31 1,065.01 -576.59 272.61
2016-12-31 1,016.67 -502.33 258.88
2016-09-30 933.68 -304.16 243.61
2016-06-30 850.70 -105.99 228.34
2016-03-31 770.33 1,003.35 191.85
2015-12-31 689.95 2,112.69 155.36
2015-09-30 627.14 2,222.64 126.95
2015-06-30 564.33 2,332.60 98.55
2015-03-31 567.57 1,358.54 106.57
2014-12-31 570.81 384.48 114.60
2014-09-30 575.23 565.17 126.79
2014-06-30 579.66 745.86 138.98
2014-03-31 567.19 649.12 130.83
2013-12-31 554.73 552.39 122.67
2013-09-30 561.43 368.08 115.07
2013-06-30 568.13 183.76 107.47
2013-03-31 544.25 183.73 105.06
2012-12-31 520.38 183.69 102.65
2012-06-30 479.08 134.80 93.65

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Genting Hong Kong has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Genting Hong Kong has efficiently used its assets last year compared to the DE Hospitality industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Genting Hong Kong improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Genting Hong Kong's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Genting Hong Kong has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

TJY Health

 How is Genting Hong Kong's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Genting Hong Kong's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Genting Hong Kong is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Genting Hong Kong's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Genting Hong Kong's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Genting Hong Kong Company Filings, last reported 5 months ago.

DB:TJY Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 4,059.06 1,988.06 904.13
2018-09-30 4,059.06 1,988.06 904.13
2018-06-30 4,258.00 1,785.00 1,356.79
2018-03-31 4,258.00 1,785.00 1,356.79
2017-12-31 4,579.29 1,888.16 1,834.54
2017-09-30 4,579.29 1,888.16 1,834.54
2017-06-30 4,903.53 1,313.79 2,454.22
2017-03-31 4,903.53 1,313.79 2,454.22
2016-12-31 4,823.22 1,172.18 2,297.35
2016-09-30 4,823.22 1,172.18 2,297.35
2016-06-30 4,981.40 491.04 2,508.77
2016-03-31 4,981.40 491.04 2,508.77
2015-12-31 5,500.45 531.31 3,267.09
2015-09-30 5,500.45 531.31 3,267.09
2015-06-30 5,512.01 665.19 3,731.31
2015-03-31 5,512.01 665.19 3,731.31
2014-12-31 3,240.48 458.45 734.09
2014-09-30 3,240.48 458.45 734.09
2014-06-30 3,135.65 479.08 934.91
2014-03-31 3,135.65 479.08 934.91
2013-12-31 2,949.19 746.43 939.62
2013-09-30 2,949.19 746.43 939.62
2013-06-30 2,324.18 808.19 423.12
2013-03-31 2,324.18 808.19 423.12
2012-12-31 2,372.10 842.42 466.72
2012-06-30 2,209.08 704.67 423.50
  • Genting Hong Kong's level of debt (49%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (25.2% vs 49% today).
  • Debt is not well covered by operating cash flow (5.7%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Genting Hong Kong's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Genting Hong Kong's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Genting Hong Kong has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TJY Dividends

 What is Genting Hong Kong's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Genting Hong Kong dividends.
If you bought €2,000 of Genting Hong Kong shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Genting Hong Kong's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Genting Hong Kong's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:TJY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:TJY Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
DB:TJY Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-25 0.000 0.000
2019-03-28 0.000 0.000
2018-08-27 0.020 12.838
2018-03-29 0.020 10.833
2017-09-26 0.020 8.811
2017-08-17 0.020 7.424
2017-04-26 0.010 3.391
2016-09-27 0.000 0.000
2016-08-23 0.000 0.000
2016-04-26 0.000 0.000
2016-03-17 0.000 0.000
2015-04-28 0.010 2.998
2014-04-28 0.010 2.684

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Genting Hong Kong has not reported any payouts.
  • Unable to verify if Genting Hong Kong's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Genting Hong Kong's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Genting Hong Kong 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.
X
Income/ dividend checks
We assess Genting Hong Kong's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Genting Hong Kong afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Genting Hong Kong has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TJY Management

 What is the CEO of Genting Hong Kong's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Kok Thay Lim
COMPENSATION $2,189,000
AGE 66
CEO Bio

Mr. Kok Thay Lim serves as a Deputy Chairman of the Board at Genting Plantations Berhad since January 1, 2019. He served as the Chief Executive Officer of Genting Plantations Berhad since February 28, 2008 until January 1, 2019. Mr. Lim serves as the Chief Executive and President at Resorts World Bhd. He has been the Chief Executive Officer of Genting Malaysia Berhad, subsidiary of Genting Berhad since November 2002. He founded Freemantle Limited. He serves as Joint Chief Executive Officer of Asiatic Development Berhad. Mr. Lim has been the Chief Executive Officer of Genting Hong Kong Limited since November 2000 and served as its Acting President since July 2, 2014. He has been the President and Chief Executive of the Genting Group since November 2002. He has been the Chief Executive Officer at Genting Berhad since November 27, 2002 and served as its President. He is instrumental in the internationalization of the Genting Group and was the key driver behind the developments of its casino projects world wide, such as the Burswood Resort Casino (Australia), Adelaide Casino (Australia), Lucayan Beach Resort (Bahamas) and Subic Bay Resort & Casino. He served as Joint Chief Executive Officer of Genting Plantations Berhad since April 1999. He served as the President of Genting Malaysia Berhad since November 2002. He has more than 30 years of experience in the development of casino and leisure related businesses world wide and having served the Genting Group for 30 years. He served as the President of Genting Hong Kong Limited since November 2000. He has an interest in the securities of Star Cruises and has been since its formation in 1993. He served as the Managing Director of Resorts World Bhd, Malaysia from March 1999 to November 2002 and as its Deputy Managing Director from September 1989 to March 1999. He was involved in the development of Genting Highlands Resort in Malaysia and the overall concept and development of the Burswood Resort in Perth, Australia, the Adelaide casino in South Australia and Foxwoods Casino Resort in Connecticut. He served as the Managing Director of Genting Berhad from April 1999 to November 2002 and served as its Joint Managing Director from December 1985 to April 1999. He has been Chairman of Crystal Cruises, Inc. since May 2015. He has been an Executive Chairman of Genting International PLC since September 1, 2005. He has been Chairman of Genting Berhad since January 01, 2004. He has been the Chairman of the Genting Group since December 31, 2003. He serves as an Executive Chairman of Resorts World at Sentosa Pte. Ltd. He has been an Executive Chairman of Genting Singapore PLC since September 1, 2005. He is the Executive Chairman of Genting UK Plc. He has been the Chairman of Genting Hong Kong Limited since December 1997. He serves as Chairman of the Board at Genting Malaysia Berhad and has been its Non-Independent Executive Director since October 17, 1988. He served as the Chairman of NCL Corporation Ltd. from December 16, 2003 to March 27. 2014. He served as the Chairman of Norwegian Cruise Line Holdings Ltd., from December 16, 2003 to March 3, 2015. He has been an Executive Director of Genting Hong Kong Limited since September 1994. He serves as a Director of Asiatic Development Berhad. He has been a Director of Genting Berhad since August 17, 1976. He has been a Director of Genting International plc since 1986 and Travellers International Hotel Group, Inc. since 2009. He serves as a Director of Kien Huat Berhad, Joondalup Limited and Cove Investments Limited. He has been a Director of Genting Singapore PLC since 1986 and TauRx Pharmaceuticals Ltd. since November 20, 2012. He serves as a Director of DNA Electronics Limited and Synthetic Genomics, Inc. He serves as a Director of Kien Huat Realty Sdn Bhd. Mr. Lim has been a Non-Independent Executive Director of Genting Plantations Berhad since September 29, 1977. He serves as a Director of Golden Hope Limited and Golden Hope Unit Trust and Applied Proteomics, Inc. In addition, Mr. Lim serves on the Boards of other Malaysian and foreign companies; as well as on the Board of trustees of several charitable organizations in Malaysia. He served as a Director of Pacific Lottery Corp. from 2003 to November 19, 2004. He served as Independent Director of Norwegian Cruise Line Holdings Ltd. until March 3, 2015. He served as a Director of Union Bank of Colombo PLC. He is a Founding Member and a Permanent Trustee of The Community Chest, Malaysia. He is a Visiting Professor in the Department of Electrical and Electronic Engineering, Imperial College London and an Honorary Professor of Xiamen University, China. He was bestowed the highly prestigious national award, the Panglima Setia Mahkota, which carries the titleship of "Tan Sri" by the Yang DiPertuan Agong of Malaysia on June 1, 2002. Mr. Lim holds Bachelor of Science Degree in Civil Engineering from the University of London in 1975 and attended the Program for Advanced Management Development Degree at the Harvard Graduate School of Business in 1979.

CEO Compensation
  • Kok Thay's compensation has increased whilst company is loss making.
  • Kok Thay's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Genting Hong Kong management team in years:

3.5
Average Tenure
59
Average Age
  • The tenure for the Genting Hong Kong management team is about average.
Management Team

Kok Thay Lim

TITLE
Chairman & CEO
COMPENSATION
$2M
AGE
66

Keong Lim

TITLE
Deputy CEO & Executive Director
COMPENSATION
$610K
AGE
34
TENURE
0.3 yrs

Colin Au

TITLE
Group President
COMPENSATION
$26K
AGE
68
TENURE
2.3 yrs

Chris Chan

TITLE
Chief Financial Officer
AGE
52
TENURE
1.5 yrs

Kenneth Ho

TITLE
Vice President of Corporate Finance

Mona Lai

TITLE
Senior VP of Legal Company Secretarial & Compliance and General Counsel
AGE
50

Michael Goh

TITLE
Senior Vice President of Sales and Marketing
AGE
59

Gustaf Grönberg

TITLE
Executive Vice President of Marine Operation & Newbuilding
AGE
59
TENURE
14.4 yrs

Blondel So

TITLE
Executive Vice President of Corporate Services
AGE
57
TENURE
4.8 yrs

Hoe Guan Ng

TITLE
Senior Vice President of Strategic Marketing
AGE
59
TENURE
10.9 yrs
Board of Directors Tenure

Average tenure and age of the Genting Hong Kong board of directors in years:

6
Average Tenure
66
Average Age
  • The tenure for the Genting Hong Kong board of directors is about average.
Board of Directors

Kok Thay Lim

TITLE
Chairman & CEO
COMPENSATION
$2M
AGE
66

Alan Smith

TITLE
Deputy Chairman
COMPENSATION
$69K
AGE
74

Keong Lim

TITLE
Deputy CEO & Executive Director
COMPENSATION
$610K
AGE
34
TENURE
6 yrs

Justin Tan

TITLE
Independent Non-Executive Director
COMPENSATION
$64K
AGE
67
TENURE
4.8 yrs

Ambrose Lam

TITLE
Independent Non-Executive Director
COMPENSATION
$70K
AGE
64
TENURE
6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Genting Hong Kong's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Genting Hong Kong has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TJY News

Simply Wall St News

TJY Company Info

Description

Genting Hong Kong Limited, an investment holding company, engages in cruise and cruise-related operations; shipyard operations; and leisure, entertainment, and hospitality activities in the Asia Pacific, the United States, Europe, and internationally. It operates through three segments: Cruise and Cruise-Related Activities, Shipyard, and Non-Cruise Activities. The company primarily operates passenger cruise ships under the Star Cruises, Dream Cruises, and Crystal Cruises brands; and MV Werften and Lloyd Werft shipyards, as well as docking facilities. It also operates an entertainment club under the Zouk brand name; and Resorts World Manila, which is an integrated entertainment and tourism destination. In addition, the company is involved in the bareboat chartering business; operation and management of hotels; development of hospitality facilities; development and sale of commercial properties; lease of properties; provision of property management, catering, and management services; operation of entertainment business; and sale of residential property units. Further, it provides cruise sales, marketing, and support services; newbuilding, conversion, and maintenance services for ships; travel agency services; and air-related services, as well as organizes events and operates air cruises. The company was formerly known as Star Cruises Limited and changed its name to Genting Hong Kong Limited in 2010. Genting Hong Kong Limited was founded in 1993 and is headquartered in Tsimshatsui, Hong Kong.

Details
Name: Genting Hong Kong Limited
TJY
Exchange: DB
Founded: 1993
HK$973,680,342
8,482,490,202
Website: http://www.gentinghk.com
Address: Genting Hong Kong Limited
Ocean Centre,
Suite 1501,
Tsimshatsui,
Kowloon, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 678 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 03. Apr 1998
OTCPK GTHK.F Ordinary Shares Pink Sheets LLC US USD 03. Apr 1998
DB TJY Ordinary Shares Deutsche Boerse AG DE EUR 03. Apr 1998
Number of employees
Current staff
Staff numbers
17,000
Genting Hong Kong employees.
Industry
Hotels, Resorts and Cruise Lines
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/17 21:02
End of day share price update: 2019/06/17 00:00
Last estimates confirmation: 2019/03/28
Last earnings filing: 2019/04/25
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.