DB:HKQ3

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China Minsheng Financial Holding

Executive Summary

China Minsheng Financial Holding Corporation Limited, an investment holding company, provides asset management, consultancy, financing, and securities advisory and brokerage services.


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has China Minsheng Financial Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HKQ3's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

14.3%

HKQ3

3.4%

DE Capital Markets

2.4%

DE Market


1 Year Return

-20.0%

HKQ3

22.6%

DE Capital Markets

-0.1%

DE Market

Return vs Industry: HKQ3 underperformed the German Capital Markets industry which returned 16% over the past year.

Return vs Market: HKQ3 underperformed the German Market which returned -2.6% over the past year.


Shareholder returns

HKQ3IndustryMarket
7 Day14.3%3.4%2.4%
30 Day-20.0%12.1%7.8%
90 Day-20.0%-0.4%-3.8%
1 Year-20.0%-20.0%24.3%22.6%1.5%-0.1%
3 Year-84.3%-84.3%-4.9%-8.9%-4.8%-12.1%
5 Year-94.5%-94.5%-25.1%-35.3%3.6%-9.5%

Price Volatility Vs. Market

How volatile is China Minsheng Financial Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is China Minsheng Financial Holding undervalued compared to its fair value and its price relative to the market?

0.61x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: HKQ3 (€0.01) is trading above our estimate of fair value (€0)

Significantly Below Fair Value: HKQ3 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HKQ3 is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: HKQ3 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 HKQ3's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HKQ3 is good value based on its PB Ratio (0.6x) compared to the DE Capital Markets industry average (2.1x).


Next Steps

Future Growth

How is China Minsheng Financial Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

33.5%

Forecasted Diversified Financials 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 Minsheng Financial 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.


Next Steps

Past Performance

How has China Minsheng Financial Holding performed over the past 5 years?

-19.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HKQ3 is currently unprofitable.

Growing Profit Margin: HKQ3 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HKQ3 is unprofitable, and losses have increased over the past 5 years at a rate of -19.4% per year.

Accelerating Growth: Unable to compare HKQ3's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HKQ3 is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (4.1%).


Return on Equity

High ROE: HKQ3 has a negative Return on Equity (-10.98%), as it is currently unprofitable.


Next Steps

Financial Health

How is China Minsheng Financial Holding's financial position?


Financial Position Analysis

Short Term Liabilities: HKQ3's short term assets (HK$2.7B) exceed its short term liabilities (HK$527.8M).

Long Term Liabilities: HKQ3's short term assets (HK$2.7B) exceed its long term liabilities (HK$11.5M).


Debt to Equity History and Analysis

Debt Level: HKQ3's debt to equity ratio (6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if HKQ3's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: HKQ3's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if HKQ3's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is China Minsheng Financial Holding's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HKQ3's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HKQ3's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if HKQ3's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HKQ3's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HKQ3'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?

2.7yrs

Average management tenure


CEO

Tomohiko Watanabe (52yo)

1.17yrs

Tenure

HK$4,053,000

Compensation

Mr. Tomohiko Watanabe has been Executive Director and Chairman at China Minsheng Financial Holding Corporation Limited since February 18, 2019. Mr. Watanabe serves as Chief Executive Officer at China Minsh ...


Leadership Team

NamePositionTenureCompensationOwnership
Tomohiko Watanabe
Chairman & CEO1.17yrsHK$4.05mno data
Xinguang Ni
Vice Chairman2.5yrsHK$972.00k1.33% HK$5.1m
Wei Li
Executive Directorno dataHK$1.70mno data
Anthony Ho
Chief Investment Officerno datano datano data
Wentao Tan
Head of Securities4.17yrsno datano data
Fenfai Chen
President of China Region4.42yrsHK$1.70mno data
Wai-Yee Wong
Company Secretary0.75yrno datano data

2.7yrs

Average Tenure

50yo

Average Age

Experienced Management: HKQ3's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tomohiko Watanabe
Chairman & CEO1.17yrsHK$4.05mno data
Xinguang Ni
Vice Chairman2.5yrsHK$972.00k1.33% HK$5.1m
Wei Li
Executive Directorno dataHK$1.70mno data
Hui Zhou
Independent Non-Executive Director1.17yrsHK$195.00kno data
Dongzhi Wang
Non-Executive Director2.83yrsHK$660.00kno data
Yongli Wang
Independent Non-Executive Director1.5yrsHK$250.00kno data
Hao Dong
Independent Non-executive Director0.42yrHK$3.00kno data
Yang Zhang
Non-Executive Directorno datano datano data

1.4yrs

Average Tenure

52yo

Average Age

Experienced Board: HKQ3's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 20%.


Top Shareholders

Company Information

China Minsheng Financial Holding Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Minsheng Financial Holding Corporation Limited
  • Ticker: HKQ3
  • Exchange: DB
  • Founded:
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: HK$3.298b
  • Listing Market Cap: HK$384.784m
  • Shares outstanding: 34.71b
  • Website: https://www.cm-fin.com

Number of Employees


Location

  • China Minsheng Financial Holding Corporation Limited
  • China Taiping Tower
  • 22nd Floor
  • Causeway Bay
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
245SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992
HKQ3DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992

Biography

China Minsheng Financial Holding Corporation Limited, an investment holding company, provides asset management, consultancy, financing, and securities advisory and brokerage services. It also provides insurance agency and money lending services. The company was formerly known as China Seven Star Holdings Limited and changed its name to China Minsheng Financial Holding Corporation Limited in December 2015. The company is based in Causeway Bay, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/28 21:33
End of Day Share Price2020/05/28 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.