Hongkong Chinese Limited, an investment holding company, engages in property investment and development, and hotel operations.
Fair value with questionable track record.
Share Price & News
How has Hongkong Chinese's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HKC 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: HKC underperformed the German Real Estate industry which returned 5.1% over the past year.
Return vs Market: HKC underperformed the German Market which returned 2.5% over the past year.
Price Volatility Vs. Market
How volatile is Hongkong Chinese's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Hongkong Chinese undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HKC (€0.08) is trading above our estimate of fair value (€0.02)
Significantly Below Fair Value: HKC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HKC is good value based on its PE Ratio (3.4x) compared to the Real Estate industry average (11.6x).
PE vs Market: HKC is good value based on its PE Ratio (3.4x) compared to the German market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HKC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HKC is good value based on its PB Ratio (0.1x) compared to the DE Real Estate industry average (1.4x).
How is Hongkong Chinese 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 Hongkong Chinese 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 Hongkong Chinese 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.
- Hongkong Chinese 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 Hongkong Chinese performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HKC has high quality earnings.
Growing Profit Margin: HKC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: HKC's earnings have declined by -32.7% per year over the past 5 years.
Accelerating Growth: HKC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: HKC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (8.4%).
Return on Equity
High ROE: HKC's Return on Equity (4%) is considered low.
How is Hongkong Chinese's financial position?
Financial Position Analysis
Short Term Liabilities: HKC's short term assets (HK$267.7M) exceed its short term liabilities (HK$82.1M).
Long Term Liabilities: HKC's short term assets (HK$267.7M) do not cover its long term liabilities (HK$507.2M).
Debt to Equity History and Analysis
Debt Level: HKC's debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: HKC's debt to equity ratio has increased from 4.4% to 4.6% over the past 5 years.
Debt Coverage: HKC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if HKC's interest payments on its debt are well covered by EBIT.
What is Hongkong Chinese current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: HKC's dividend (2.74%) is higher than the bottom 25% of dividend payers in the German market (1.25%).
High Dividend: HKC's dividend (2.74%) is low compared to the top 25% of dividend payers in the German market (3.84%).
Stability and Growth of Payments
Stable Dividend: HKC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HKC has only been paying a dividend for 9 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (9.4%), HKC's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
John Lee (71yo)
Mr. Lee Luen-Wai, also known as John, BBS, FCA, JP serves as Principal at Go Capital & EOC. Mr. Lee has been the Chief Executive Officer of Lippo China Resources Limited since March 25, 2011. Mr. Lee has b ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD187.87K) is below average for companies of similar size in the German market ($USD781.18K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
|Chairman of the Board||no data||HK$1.34m||no data|
|CEO & Executive Director||9.33yrs||HK$1.46m||0.10% HK$166.8k|
|Independent Non-Executive Director||2.5yrs||HK$394.00k||no data|
|Non-Executive Director||28.5yrs||HK$424.00k||no data|
|Independent Non-Executive Director||15.83yrs||HK$394.00k||no data|
|Independent Non-Executive Director||15.83yrs||HK$476.00k||0.034% HK$56.3k|
Experienced Board: HKC's board of directors are seasoned and experienced ( 15.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hongkong Chinese Limited's company bio, employee growth, exchange listings and data sources
- Name: Hongkong Chinese Limited
- Ticker: HKC
- Exchange: DB
- Founded: 1992
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$1.459b
- Listing Market Cap: HK$166.578m
- Shares outstanding: 2.00b
- Website: https://www.hkchinese.com.hk
Number of Employees
- Hongkong Chinese Limited
- Tower Two
- 40th Floor
- Hong Kong
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|655||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Feb 1993|
|HKC||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Feb 1993|
Hongkong Chinese Limited, an investment holding company, engages in property investment and development, and hotel operations. The company’s Property Investment segment engages in the letting and resale of properties. Its Property Development segment is involved in the development and sale of properties. The company’s Treasury Investment segment invests in money markets. Its Securities Investment segment invests in securities held-for-trading. The company’s Banking Business segment is involved in the provision of commercial and retail banking services. Its Other segment engages in the money lending activities; and the provision of project management services. The company also owns a motor yacht. It has operations in Hong Kong, Macau, Mainland China, Republic of Singapore, and internationally. The company was founded in 1992 and is based in Hong Kong, Hong Kong. Hongkong Chinese Limited is a subsidiary of Hennessy Holdings Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/09 21:35|
|End of Day Share Price||2020/07/09 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.