LSE:HOYE

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Honye Financial Services Limited does not have significant operations. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Honye Financial Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HOYE has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

HOYE

0.3%

GB Capital Markets

0.1%

GB Market


1 Year Return

77.8%

HOYE

2.1%

GB Capital Markets

-13.1%

GB Market

Return vs Industry: HOYE exceeded the UK Capital Markets industry which returned -1.6% over the past year.

Return vs Market: HOYE exceeded the UK Market which returned -15.4% over the past year.


Shareholder returns

HOYEIndustryMarket
7 Day0%0.3%0.1%
30 Day0%-2.4%-2.2%
90 Day14.3%0.1%-4.2%
1 Year77.8%77.8%5.6%2.1%-9.8%-13.1%
3 Yearn/a23.1%8.3%-8.6%-19.5%
5 Yearn/a69.1%38.2%15.9%-9.7%

Price Volatility Vs. Market

How volatile is Honye Financial Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Honye Financial Services undervalued compared to its fair value and its price relative to the market?

5.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: HOYE is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HOYE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HOYE is overvalued based on its PB Ratio (5.4x) compared to the GB Capital Markets industry average (1.1x).


Next Steps

Future Growth

How is Honye Financial Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.6%

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 Honye Financial Services 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 Honye Financial Services performed over the past 5 years?

14.3%

Historical Diversified Financials annual earnings growth


Earnings and Revenue History

Quality Earnings: HOYE is currently unprofitable.

Growing Profit Margin: HOYE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if HOYE's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

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

Earnings vs Industry: HOYE is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (0.3%).


Return on Equity

High ROE: HOYE has a negative Return on Equity (-29.86%), as it is currently unprofitable.


Next Steps

Financial Health

How is Honye Financial Services's financial position?


Financial Position Analysis

Short Term Liabilities: HOYE's short term assets (£1.9M) exceed its short term liabilities (£46.2K).

Long Term Liabilities: HOYE has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: HOYE is debt free.

Reducing Debt: HOYE has not had any debt for past 5 years.

Debt Coverage: HOYE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: HOYE has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Honye Financial Services's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if HOYE'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 HOYE's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average board tenure


CEO

Honye Financial Services has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Wanbao Xu
Founder & Executive Director2.17yrsUK£33.33kno data
YuXing Liu
Executive Director0.42yrno data8.08%
£ 797.1k
Gareth Edwards
Independent Non-Executive Chairmanno dataUK£19.44kno data
Shaun Carew-Wootton
Independent Non-Executive Director1.75yrsUK£15.55kno data

1.8yrs

Average Tenure

Experienced Board: HOYE's board of directors are not considered experienced ( 1.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Honye Financial Services Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Honye Financial Services Ltd
  • Ticker: HOYE
  • Exchange: LSE
  • Founded: 2018
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£9.869m
  • Shares outstanding: 24.67m
  • Website: https://www.honyefinance.com

Location

  • Honye Financial Services Ltd
  • 89 Nexus Way
  • Camana Bay
  • Grand Cayman
  • KY1-9009
  • Cayman Islands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HOYELSE (London Stock Exchange)YesOrdinary SharesGBGBPDec 2018

Biography

Honye Financial Services Limited does not have significant operations. It intends to seek acquisition opportunities in the financial services and fintech sectors. The company was incorporated in 2018 and i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/30 20:57
End of Day Share Price2020/09/30 00:00
Earnings2019/07/31
Annual Earnings2019/07/31


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.