APAC Resources
Market Cap
HK$1.3b
Last Updated
2021/04/13 10:08 UTC
Data Sources
Company Financials
Executive Summary
APAC Resources Limited, an investment holding company, engages in commodity trading and natural resource investment businesses in the People’s Republic of China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and fair value.
Similar Companies
Share Price & News
How has APAC Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1104 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 1104's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
-11.5%
1104
0.1%
HK Trade Distributors
-2.5%
HK Market
1 Year Return
25.6%
1104
25.0%
HK Trade Distributors
26.4%
HK Market
Return vs Industry: 1104 exceeded the Hong Kong Trade Distributors industry which returned 24.3% over the past year.
Return vs Market: 1104 underperformed the Hong Kong Market which returned 29.5% over the past year.
Shareholder returns
| 1104 | Industry | Market | |
|---|---|---|---|
| 7 Day | -11.5% | 0.1% | -2.5% |
| 30 Day | -21.7% | 1.3% | -1.8% |
| 90 Day | 20.0% | 5.2% | 0.5% |
| 1 Year | 39.2%25.6% | 29.2%25.0% | 31.2%26.4% |
| 3 Year | 13.1%-14.3% | -47.1%-49.5% | 6.0%-5.2% |
| 5 Year | 62.1%21.3% | -51.4%-49.8% | 47.3%22.5% |
Long-Term Price Volatility Vs. Market
How volatile is APAC Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Here’s What’s Happening With Returns At APAC Resources (HKG:1104)3 months ago | Simply Wall St
APAC Resources (HKG:1104) Has Returned Negative 14% To Its Shareholders In The Past Three Years4 months ago | Simply Wall St
A Look At The Fair Value Of APAC Resources Limited (HKG:1104)Valuation
Is APAC Resources undervalued compared to its fair value and its price relative to the market?
1.88x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1104 (HK$1.08) is trading above our estimate of fair value (HK$1.04)
Significantly Below Fair Value: 1104 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1104 is good value based on its PE Ratio (1.9x) compared to the HK Trade Distributors industry average (12.8x).
PE vs Market: 1104 is good value based on its PE Ratio (1.9x) compared to the Hong Kong market (11.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1104's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1104 is good value based on its PB Ratio (0.3x) compared to the HK Trade Distributors industry average (0.5x).
Future Growth
How is APAC Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.2%
Forecasted Capital Goods 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 APAC Resources 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.
Past Performance
How has APAC Resources performed over the past 5 years?
7.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1104 has a high level of non-cash earnings.
Growing Profit Margin: 1104's current net profit margins are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: 1104 has become profitable over the past 5 years, growing earnings by 7.9% per year.
Accelerating Growth: 1104's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1104 had negative earnings growth (-15.9%) over the past year, making it difficult to compare to the Trade Distributors industry average (5.5%).
Return on Equity
High ROE: 1104's Return on Equity (15%) is considered low.
Financial Health
How is APAC Resources's financial position?
Financial Position Analysis
Short Term Liabilities: 1104's short term assets (HK$2.0B) exceed its short term liabilities (HK$61.0M).
Long Term Liabilities: 1104's short term assets (HK$2.0B) exceed its long term liabilities (HK$297.0K).
Debt to Equity History and Analysis
Debt Level: 1104 is debt free.
Reducing Debt: 1104 had no debt 5 years ago.
Debt Coverage: 1104 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1104 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is APAC Resources's current dividend yield, its reliability and sustainability?
9.26%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1104's dividend (9.26%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.97%).
High Dividend: 1104's dividend (9.26%) is in the top 25% of dividend payers in the Hong Kong market (6.01%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 1104 has been paying a dividend for less than 10 years.
Growing Dividend: 1104's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.4%), 1104'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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.2yrs
Average management tenure
CEO
Andrew Ferguson (47 yo)
11.25yrs
Tenure
HK$4,787,000
Compensation
Mr. Andrew Charles Ferguson, BSc Hons, has been the Chief Executive Officer and Executive Director of APAC Resources Limited since January 12, 2010. He has many years of experience in the finance industry ...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD615.83K) is above average for companies of similar size in the Hong Kong market ($USD298.35K).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 1104's management team is seasoned and experienced (9.2 years average tenure).
Board Members
Experienced Board: 1104's board of directors are considered experienced (5.1 years average tenure).
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
APAC Resources Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: APAC Resources Limited
- Ticker: 1104
- Exchange: SEHK
- Founded: NaN
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: HK$1.341b
- Shares outstanding: 1.22b
- Website: https://www.apacresources.com
Number of Employees
Location
- APAC Resources Limited
- Allied Kajima Building
- Room 2304, 23rd Floor
- Wan Chai
- Hong Kong
Listings
Biography
APAC Resources Limited, an investment holding company, engages in commodity trading and natural resource investment businesses in the People’s Republic of China. It operates through Commodity Business; Res...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/13 10:08 |
| End of Day Share Price | 2021/04/13 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.