MECOM Power and Construction Limited, an investment holding company, operates as an integrated construction engineering contractor in Macau. More Details
Flawless balance sheet with questionable 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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 1183 exceeded the Hong Kong Construction industry which returned -13.7% over the past year.
Return vs Market: 1183 exceeded the Hong Kong Market which returned 0.9% 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
3 weeks ago | Simply Wall StMECOM Power and Construction Limited's (HKG:1183) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
1 month ago | Simply Wall StIf You Had Bought MECOM Power and Construction (HKG:1183) Stock A Year Ago, You Could Pocket A 41% Gain Today
5 months ago | Simply Wall StWe're Not So Sure You Should Rely on MECOM Power and Construction's (HKG:1183) Statutory Earnings
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$2.23) is trading above our estimate of fair value (HK$0.49)
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 (42.6x) compared to the HK Construction industry average (9.1x).
PE vs Market: 1183 is poor value based on its PE Ratio (42.6x) compared to the Hong Kong market (11.2x).
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 (6.6x) compared to the HK Construction industry average (0.8x).
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.
- Examine MECOM Power and Construction's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- 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 a high level of non-cash earnings.
Growing Profit Margin: 1183's current net profit margins (9.9%) are lower than last year (10.5%).
Past Earnings Growth Analysis
Earnings Trend: 1183's earnings have declined by 13.6% per year over the past 5 years.
Accelerating Growth: 1183's earnings growth over the past year (65.9%) exceeds its 5-year average (-13.6% per year).
Earnings vs Industry: 1183 earnings growth over the past year (65.9%) exceeded the Construction industry -7%.
Return on Equity
High ROE: 1183's Return on Equity (15.5%) is considered low.
How is MECOM Power and Construction's financial position?
Financial Position Analysis
Short Term Liabilities: 1183's short term assets (MOP470.9M) exceed its short term liabilities (MOP108.0M).
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 current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1183's dividend (2%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.25%).
High Dividend: 1183's dividend (2%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.83%).
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 (105%), 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 (52 yo)
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 ($USD526.28K) is above average for companies of similar size in the Hong Kong market ($USD346.00K).
Compensation vs Earnings: Sotto's compensation has been consistent with company performance over the past year.
|Deputy Chairman of the Board & CEO||no data||MO$4.20m||no data|
|Independent Non-Executive Director||2.75yrs||MO$161.00k||no data|
|Independent Non-Executive Director||2.75yrs||MO$161.00k||no data|
|Founder & Executive Chairman||no data||MO$4.20m||no data|
|Independent Non-Executive Director||0.83yr||MO$13.00k||no data|
Experienced Board: 1183's board of directors are not considered experienced ( 2.8 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 not been meaningfully diluted in the past year.
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$2.542b
- Shares outstanding: 1.19b
- Website: https://www.mecommacau.com
Number of Employees
- MECOM Power and Construction Limited
- Praca 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. The company operates through three segments: Construction and Fi ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 13:06|
|End of Day Share Price||2020/10/20 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.