Cheuk Nang (Holdings) Limited, an investment holding company, engages in the investment, development, management, and trading of properties in the People’s Republic of China and Malaysia.
Undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has Cheuk Nang (Holdings)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CQH3 has not had significant price volatility in the past 3 months.
7 Day Return
DE Real Estate
1 Year Return
DE Real Estate
Return vs Industry: CQH3 underperformed the German Real Estate industry which returned 9.4% over the past year.
Return vs Market: CQH3 underperformed the German Market which returned 15% over the past year.
Price Volatility Vs. Market
How volatile is Cheuk Nang (Holdings)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Cheuk Nang (Holdings) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CQH3 (€0.35) is trading below our estimate of fair value (€1.09)
Significantly Below Fair Value: CQH3 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CQH3 is good value based on its PE Ratio (3.2x) compared to the Real Estate industry average (15x).
PE vs Market: CQH3 is good value based on its PE Ratio (3.2x) compared to the German market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CQH3's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CQH3 is good value based on its PB Ratio (0.3x) compared to the DE Real Estate industry average (1.5x).
How is Cheuk Nang (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 Cheuk Nang (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.
- Examine whether Cheuk Nang (Holdings) is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Cheuk Nang (Holdings) competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Cheuk Nang (Holdings) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CQH3 has a large one-off gain of HK$694.0M impacting its June 30 2019 financial results.
Growing Profit Margin: CQH3's current net profit margins are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: CQH3's earnings have grown by 9.1% per year over the past 5 years.
Accelerating Growth: CQH3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CQH3 had negative earnings growth (-5.6%) over the past year, making it difficult to compare to the Real Estate industry average (7.5%).
Return on Equity
High ROE: CQH3's Return on Equity (8.8%) is considered low.
Return on Assets
Return on Capital Employed
How is Cheuk Nang (Holdings)'s financial position?
Financial Position Analysis
Short Term Liabilities: CQH3's short term assets (HK$2.8B) exceed its short term liabilities (HK$2.4B).
Long Term Liabilities: CQH3's short term assets (HK$2.8B) exceed its long term liabilities (HK$1.5B).
Debt to Equity History and Analysis
Debt Level: CQH3's debt to equity ratio (23.1%) is considered satisfactory.
Reducing Debt: CQH3's debt to equity ratio has reduced from 46.5% to 23.1% over the past 5 years.
Debt Coverage: CQH3's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: CQH3 earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: CQH3 has a high level of physical assets or inventory.
Debt Coverage by Assets: CQH3's debt is covered by short term assets (assets are 1.8x debt).
What is Cheuk Nang (Holdings)'s current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CQH3's dividend (7.03%) is higher than the bottom 25% of dividend payers in the German market (1.31%).
High Dividend: CQH3's dividend (7.03%) is in the top 25% of dividend payers in the German market (3.59%)
Stability and Growth of Payments
Stable Dividend: CQH3's dividends per share have been stable in the past 10 years.
Growing Dividend: CQH3's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.8%), CQH3's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Cecil Chao (83yo)
Dr. Sze-Tsung Chao, also known as Cecil, Founded Cheuk Nang (Holdings) Ltd. Dr. Chao worked in the field of property, investment, finance, architecture and construction for forty years. He also worked for ...
CEO Compensation Analysis
Compensation vs Market: Cecil's total compensation ($USD1.29M) is above average for companies of similar size in the German market ($USD634.28K).
Compensation vs Earnings: Cecil's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Vice Chairman of the Board||5.3yrs||HK$1.72m||no data|
|Executive Director||14.4yrs||HK$854.00k||no data|
|Executive Manager & Non-Executive Director||13.2yrs||HK$1.36m||no data|
|Company Secretary & Executive Director||23.4yrs||HK$1.09m||no data|
|Independent Non-Executive Director||7.3yrs||HK$63.00k||no data|
|Independent Non-Executive Director||13.2yrs||HK$63.00k||no data|
|Independent Non-Executive Director||15.4yrs||HK$151.00k||no data|
|Non-Executive Director||13.2yrs||HK$63.00k||0.28% HK$671.0k|
Experienced Board: CQH3's board of directors are seasoned and experienced ( 13.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CQH3 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.3%.
Cheuk Nang (Holdings) Limited's company bio, employee growth, exchange listings and data sources
- Name: Cheuk Nang (Holdings) Limited
- Ticker: CQH3
- Exchange: DB
- Founded: 1963
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$1.987b
- Listing Market Cap: HK$235.922m
- Shares outstanding: 620.87m
- Website: https://www.cheuknang.com.hk
Number of Employees
- Cheuk Nang (Holdings) Limited
- Central Plaza
- Suite 4901
- Wan Chai
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CQH3||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|131||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
Cheuk Nang (Holdings) Limited, an investment holding company, engages in the investment, development, management, and trading of properties in the People’s Republic of China and Malaysia. It operates through Property Sales, Property Rental, Estate Management, and Others segments. The company develops residential, commercial, and retail properties. It is also involved in the provision of secretarial and management services; and securities trading and debentures, and mortgage lending activities. The company was formerly known as Far East Wool & Fibre Mill, Limited and changed its name to Cheuk Nang (Holdings) Limited in 1988. The company was founded in 1963 and is based in Wan Chai, Hong Kong. Cheuk Nang (Holdings) Limited is a subsidiary of Yan Yin Company Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 20:50|
|End of Day Share Price||2020/02/14 00:00|
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.