Public Financial Holdings Limited, an investment and property holding company, provides retail and commercial banking, wealth management, and stockbroking services in Hong Kong and Mainland China.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$2.44|
|52 Week High||HK$1.74|
|52 Week Low||HK$2.68|
|1 Month Change||3.39%|
|3 Month Change||-1.61%|
|1 Year Change||36.31%|
|3 Year Change||-22.05%|
|5 Year Change||-30.29%|
|Change since IPO||93.65%|
Recent News & Updates
Public Financial Holdings (HKG:626) Will Pay A Larger Dividend Than Last Year At HK$0.05
Public Financial Holdings Limited ( HKG:626 ) will increase its dividend on the 4th of August to HK$0.05. Based on the...
|626||HK Banks||HK Market|
Return vs Industry: 626 exceeded the Hong Kong Banks industry which returned -0.6% over the past year.
Return vs Market: 626 exceeded the Hong Kong Market which returned 5.7% over the past year.
Stable Share Price: 626 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 626's weekly volatility (4%) has been stable over the past year.
About the Company
|1991||1,304||Yoke Kong Tan||https://www.publicfinancial.com.hk|
Public Financial Holdings Limited, an investment and property holding company, provides retail and commercial banking, wealth management, and stockbroking services in Hong Kong and Mainland China. The company’s Retail and Commercial Banking Businesses segment offers various products and services, including deposit accounts; mortgages and consumer lending products; hire purchase and leasing; financing to purchasers of licensed public vehicles, such as taxis and public light buses; services and financing for customers in trading, manufacturing, and various other business sectors; foreign exchange services; and cash management services for deposit taking and lending, interest rate risk management, and fund management services. This segment has a combined network of 79 branches in Hong Kong and 5 branches in the People’s Republic of China.
Public Financial Holdings Fundamentals Summary
|626 fundamental statistics|
Is 626 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|626 income statement (TTM)|
|Cost of Revenue||HK$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.46|
|Net Profit Margin||33.85%|
How did 626 perform over the long term?See historical performance and comparison
7.0%Current Dividend Yield
Is Public Financial 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: 626 (HK$2.44) is trading below our estimate of fair value (HK$6.61)
Significantly Below Fair Value: 626 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 626 is good value based on its PE Ratio (5.3x) compared to the Hong Kong Banks industry average (5.8x).
PE vs Market: 626 is good value based on its PE Ratio (5.3x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 626's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 626's PB Ratio (0.3x) is in line with the HK Banks industry average.
How is Public Financial Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks 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 Public Financial 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.
How has Public Financial Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 626 has high quality earnings.
Growing Profit Margin: 626's current net profit margins (33.8%) are higher than last year (27.5%).
Past Earnings Growth Analysis
Earnings Trend: 626's earnings have declined by 0.3% per year over the past 5 years.
Accelerating Growth: 626's earnings growth over the past year (43.3%) exceeds its 5-year average (-0.3% per year).
Earnings vs Industry: 626 earnings growth over the past year (43.3%) exceeded the Banks industry 6.4%.
Return on Equity
High ROE: 626's Return on Equity (5.9%) is considered low.
How is Public Financial Holdings's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: 626's Assets to Equity ratio (5.3x) is low.
Allowance for Bad Loans: 626 has a low allowance for bad loans (80%).
Low Risk Liabilities: 94% of 626's liabilities are made up of primarily low risk sources of funding.
Loan Level: 626 has an appropriate level of Loans to Assets ratio (57%).
Low Risk Deposits: 626's Loans to Deposits ratio (74%) is appropriate.
Level of Bad Loans: 626 has an appropriate level of bad loans (0.8%).
What is Public Financial Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 626's dividend (6.97%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.25%).
High Dividend: 626's dividend (6.97%) is in the top 25% of dividend payers in the Hong Kong market (6.81%)
Stability and Growth of Payments
Stable Dividend: 626's dividend payments have been volatile in the past 10 years.
Growing Dividend: 626's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.2%), 626'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
Yoke Kong Tan (68 yo)
Mr. Yoke Kong Tan has been Chief Executive of Public Bank (Hong Kong) Limited at Public Bank Berhad since 2006. Mr. Tan serves as the Chief Executive Officer and Joint Secretary of Public Financial Holding...
CEO Compensation Analysis
Compensation vs Market: Yoke Kong's total compensation ($USD532.91K) is above average for companies of similar size in the Hong Kong market ($USD348.32K).
Compensation vs Earnings: Yoke Kong's compensation has been consistent with company performance over the past year.
Experienced Board: 626's board of directors are seasoned and experienced ( 13.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 626 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Public Financial Holdings Limited's employee growth, exchange listings and data sources
- Name: Public Financial Holdings Limited
- Ticker: 626
- Exchange: SEHK
- Founded: 1991
- Industry: Regional Banks
- Sector: Banks
- Market Cap: HK$2.679b
- Shares outstanding: 1.10b
- Website: https://www.publicfinancial.com.hk
Number of Employees
- Public Financial Holdings Limited
- Public Bank Centre
- 2nd Floor
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 15:32|
|End of Day Share Price||2021/10/22 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.