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118

Cosmos Machinery Enterprises SEHK:118 Stock Report

Last Price

HK$0.34

Market Cap

HK$297.4m

7D

-1.4%

1Y

-17.9%

Updated

26 Jun, 2022

Data

Company Financials
118 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

118 Stock Overview

Cosmos Machinery Enterprises Limited, an investment holding company, manufactures and sells machineries in Hong Kong, Mainland China, other Asia-Pacific countries, North America, and Europe.

Cosmos Machinery Enterprises Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Cosmos Machinery Enterprises
Historical stock prices
Current Share PriceHK$0.34
52 Week HighHK$0.52
52 Week LowHK$0.32
Beta0.97
1 Month Change-1.43%
3 Month Change-8.00%
1 Year Change-17.86%
3 Year Change-22.47%
5 Year Change-34.91%
Change since IPO-51.35%

Recent News & Updates

May 24
We Think Cosmos Machinery Enterprises (HKG:118) Can Manage Its Debt With Ease

We Think Cosmos Machinery Enterprises (HKG:118) Can Manage Its Debt With Ease

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

118HK MachineryHK Market
7D-1.4%1.6%2.1%
1Y-17.9%-26.8%-23.3%

Return vs Industry: 118 exceeded the Hong Kong Machinery industry which returned -26.8% over the past year.

Return vs Market: 118 exceeded the Hong Kong Market which returned -23.3% over the past year.

Price Volatility

Is 118's price volatile compared to industry and market?
118 volatility
118 Average Weekly Movement4.2%
Machinery Industry Average Movement6.7%
Market Average Movement7.0%
10% most volatile stocks in HK Market13.8%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 118 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 118's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19582,523Freeman Tanghttps://www.cosmel.com

Cosmos Machinery Enterprises Limited, an investment holding company, manufactures and sells machineries in Hong Kong, Mainland China, other Asia-Pacific countries, North America, and Europe. The company operates through four segments: Trading of Industrial Consumables, Processing and Manufacturing of Plastic Products, Manufacturing of Machinery, and Processing and Trading of Printed Circuit Boards. Its machinery products include two-platen injection molding, servo-driven injection molding, all-electric high precision injection molding, special purpose injection molding, multi-material injection molding, rubber injection, extrusion line, hydraulic press, CNC turret punching, CNC brake press, and CNC shearing machines.

Cosmos Machinery Enterprises Fundamentals Summary

How do Cosmos Machinery Enterprises's earnings and revenue compare to its market cap?
118 fundamental statistics
Market CapHK$297.37m
Earnings (TTM)HK$89.73m
Revenue (TTM)HK$3.08b

3.3x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
118 income statement (TTM)
RevenueHK$3.08b
Cost of RevenueHK$2.53b
Gross ProfitHK$544.49m
Other ExpensesHK$454.76m
EarningsHK$89.73m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.10
Gross Margin17.71%
Net Profit Margin2.92%
Debt/Equity Ratio18.4%

How did 118 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 118 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 118?

Other financial metrics that can be useful for relative valuation.

118 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.1x
Enterprise Value/EBITDA2x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 118's PE Ratio compare to its peers?

118 PE Ratio vs Peers
The above table shows the PE ratio for 118 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average10.1x

Price-To-Earnings vs Peers: 118 is good value based on its Price-To-Earnings Ratio (3.3x) compared to the peer average (10.1x).


Price to Earnings Ratio vs Industry

How does 118's PE Ratio compare vs other companies in the HK Machinery Industry?

Price-To-Earnings vs Industry: 118 is good value based on its Price-To-Earnings Ratio (3.3x) compared to the Hong Kong Machinery industry average (10.8x)


Price to Earnings Ratio vs Fair Ratio

What is 118's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

118 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 118's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 118 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 118's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 118's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 118's PEG Ratio to determine if it is good value.


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Future Growth

How is Cosmos Machinery Enterprises forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


14.8%

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 Cosmos Machinery Enterprises 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.


Discover growth companies

Past Performance

How has Cosmos Machinery Enterprises performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


61.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 118 has high quality earnings.

Growing Profit Margin: 118's current net profit margins (2.9%) are higher than last year (0.8%).


Past Earnings Growth Analysis

Earnings Trend: 118 has become profitable over the past 5 years, growing earnings by 61.7% per year.

Accelerating Growth: 118's earnings growth over the past year (358.3%) exceeds its 5-year average (61.7% per year).

Earnings vs Industry: 118 earnings growth over the past year (358.3%) exceeded the Machinery industry 35.1%.


Return on Equity

High ROE: 118's Return on Equity (5.1%) is considered low.


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Financial Health

How is Cosmos Machinery Enterprises's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 118's short term assets (HK$2.1B) exceed its short term liabilities (HK$1.2B).

Long Term Liabilities: 118's short term assets (HK$2.1B) exceed its long term liabilities (HK$81.1M).


Debt to Equity History and Analysis

Debt Level: 118 has more cash than its total debt.

Reducing Debt: 118's debt to equity ratio has reduced from 30.8% to 18.4% over the past 5 years.

Debt Coverage: 118's debt is not well covered by operating cash flow (12.2%).

Interest Coverage: 118's interest payments on its debt are well covered by EBIT (12.6x coverage).


Balance Sheet


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Dividend

What is Cosmos Machinery Enterprises's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 118's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 118'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 118's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 118's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 118 is not paying a notable dividend for the Hong Kong market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 118 has not reported any payouts.


Discover strong dividend paying companies

Management

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

6.2yrs

Average management tenure


CEO

Freeman Tang (43 yo)

8.92yrs

Tenure

HK$4,695,000

Compensation

Mr. Yu Tang, also known as Freeman, has been the Chief Executive Officer of Cosmos Machinery Enterprises Ltd. since July 01, 2013. Mr. Tang has been an Executive Director of Cosmos Machinery Enterprises Lt...


CEO Compensation Analysis

Compensation vs Market: Freeman's total compensation ($USD598.15K) is above average for companies of similar size in the Hong Kong market ($USD233.26K).

Compensation vs Earnings: Freeman's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: 118's management team is seasoned and experienced (6.2 years average tenure).


Board Members

Experienced Board: 118's board of directors are seasoned and experienced ( 15.8 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Cosmos Machinery Enterprises Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Cosmos Machinery Enterprises Limited
  • Ticker: 118
  • Exchange: SEHK
  • Founded: 1958
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: HK$297.366m
  • Shares outstanding: 861.93m
  • Website: https://www.cosmel.com

Number of Employees


Location

  • Cosmos Machinery Enterprises Limited
  • Billion Plaza 2
  • 10th Floor
  • Cheung Sha Wan
  • Kowloon
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.