MECOM Power and Construction Limited, an investment holding company, operates as an integrated construction engineering contractor in Macau.
Flawless balance sheet with proven track record.
Share Price & News
How has MECOM Power and Construction's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1183 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 1183 exceeded the Hong Kong Construction industry which returned -35% over the past year.
Return vs Market: 1183 exceeded the Hong Kong Market which returned -21.1% over the past year.
Price Volatility Vs. Market
How volatile is MECOM Power and Construction's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHere’s why MECOM Power and Construction Limited’s (HKG:1183) Returns On Capital Matters So Much
1 month ago | Simply Wall StHow Good Is MECOM Power and Construction Limited (HKG:1183), When It Comes To ROE?
2 months ago | Simply Wall StDid MECOM Power and Construction Limited (HKG:1183) Insiders Sell Shares?
Is MECOM Power and Construction 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: 1183 (HK$1.34) is trading above our estimate of fair value (HK$0.64)
Significantly Below Fair Value: 1183 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1183 is poor value based on its PE Ratio (29.4x) compared to the Construction industry average (7.9x).
PE vs Market: 1183 is poor value based on its PE Ratio (29.4x) compared to the Hong Kong market (9.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1183's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1183 is overvalued based on its PB Ratio (3.6x) compared to the HK Construction industry average (0.9x).
How is MECOM Power and Construction forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 MECOM Power and Construction 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.
- Check out MECOM Power and Construction's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- MECOM Power and Construction competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has MECOM Power and Construction performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1183 has high quality earnings.
Growing Profit Margin: 1183's current net profit margins (11.3%) are higher than last year (9.2%).
Past Earnings Growth Analysis
Earnings Trend: 1183's earnings have declined by -12.5% per year over the past 5 years.
Accelerating Growth: 1183's earnings growth over the past year (2.4%) exceeds its 5-year average (-12.5% per year).
Earnings vs Industry: 1183 earnings growth over the past year (2.4%) exceeded the Construction industry -15.1%.
Return on Equity
High ROE: 1183's Return on Equity (12.2%) is considered low.
How is MECOM Power and Construction's financial position?
Financial Position Analysis
Short Term Liabilities: 1183's short term assets (MOP576.9M) exceed its short term liabilities (MOP171.9M).
Long Term Liabilities: 1183 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1183 is debt free.
Reducing Debt: 1183 had no debt 5 years ago.
Debt Coverage: 1183 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1183 has no debt, therefore coverage of interest payments is not a concern.
What is MECOM Power and Construction's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 1183's dividend (3.36%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.71%).
High Dividend: 1183's dividend (3.36%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.21%).
Stability and Growth of Payments
Stable Dividend: 1183 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1183 has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (98.7%), 1183's dividend payments are not 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
Sotto Tou (51yo)
Mr. Sou Kun Tou, also known as Sotto, serves as an Executive Director, Deputy Chairman of the Board and Chief Executive Officer of the MECOM Power and Construction Limited. Mr. Sou is responsible for the d ...
CEO Compensation Analysis
Compensation vs Market: Sotto's total compensation ($USD526.12K) is above average for companies of similar size in the Hong Kong market ($USD297.50K).
Compensation vs Earnings: Sotto's compensation has increased by more than 20% in the past year.
|Chairman||no data||MO$4.20m||no data|
|Deputy Chairman of the Board & CEO||no data||MO$4.20m||no data|
|Independent Non-Executive Director||2.25yrs||MO$278.00k||no data|
|Independent Non-Executive Director||2.25yrs||MO$278.00k||no data|
|Independent Non-Executive Director||0.33yr||no data||no data|
Experienced Board: 1183's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.
MECOM Power and Construction Limited's company bio, employee growth, exchange listings and data sources
- Name: MECOM Power and Construction Limited
- Ticker: 1183
- Exchange: SEHK
- Founded: 2000
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: HK$1.604b
- Shares outstanding: 1.20b
- Website: https://www.mecommacau.com
Number of Employees
- MECOM Power and Construction Limited
- Praça Kin Heng Long-Heng Hoi Kuok
- Units Q, R and S, 6th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1183||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Feb 2018|
MECOM Power and Construction Limited, an investment holding company, operates as an integrated construction engineering contractor in Macau. It provides steel structure erection services, including structural steelworks construction, concreting and builder works, and combination of various other services; civil engineering construction services, such as demolition, ground field investigation, site formation, and foundation works, as well as substructures and superstructures, roads, and drainage works; and fitting out and renovation works comprising alteration, renovation, and upgrading works. The company also undertakes high voltage power substation construction and its system installation works, including planning, scheduling, project management, and construction of customized high voltage substations and power transmission infrastructure with installation of high voltage power systems. In addition, it offers facilities operation and maintenance management, alteration, upgrading, maintenance, and emergency repair of various buildings, properties, and their components, as well as high voltage power substations and related systems. The company was founded in 2000 and is headquartered in Macau.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/08 13:15|
|End of Day Share Price||2020/04/08 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.