MECOM Power and Construction Limited, an investment holding company, operates as an integrated construction engineering contractor in Macau.
Flawless balance sheet with poor 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 -24.7% over the past year.
Return vs Market: 1183 exceeded the Hong Kong Market which returned -2.9% 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
4 weeks ago | Simply Wall StDid MECOM Power and Construction Limited (HKG:1183) Insiders Sell Shares?
1 month ago | Simply Wall StWhat Is MECOM Power and Construction's (HKG:1183) P/E Ratio After Its Share Price Rocketed?
2 months ago | Simply Wall StA Rising Share Price Has Us Looking Closely At MECOM Power and Construction Limited's (HKG:1183) P/E Ratio
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$1.38) is trading above our estimate of fair value (HK$0.33)
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 (43.9x) compared to the Construction industry average (9.2x).
PE vs Market: 1183 is poor value based on its PE Ratio (43.9x) compared to the Hong Kong market (10.1x).
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 (4.1x) compared to the HK Construction industry average (1x).
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 (10.5%) are higher than last year (9.2%).
Past Earnings Growth Analysis
Earnings Trend: 1183's earnings have declined by -12.6% per year over the past 5 years.
Accelerating Growth: 1183's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1183 had negative earnings growth (-42%) over the past year, making it difficult to compare to the Construction industry average (-5.4%).
Return on Equity
High ROE: 1183's Return on Equity (9.5%) is considered low.
Return on Assets
Return on Capital Employed
How is MECOM Power and Construction's financial position?
Financial Position Analysis
Short Term Liabilities: 1183's short term assets (MOP482.1M) exceed its short term liabilities (MOP133.6M).
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.
Inventory Level: 1183 has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 1183's debt is covered by short term assets.
What is MECOM Power and Construction's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 1183's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 1183's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 1183's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1183's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 1183 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1183's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Sou Tou (52yo)
Mr. Sou Kun Tou serves as an Executive Director, Deputy Chairman of the Board and Chief Executive Officer of the MECOM Power and Construction. He was appointed as a Director in May 2017 and was re-designat ...
CEO Compensation Analysis
Compensation vs Market: Sou's total compensation ($USD525.13K) is above average for companies of similar size in the Hong Kong market ($USD284.67K).
Compensation vs Earnings: Sou's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Deputy Chairman of the Board & CEO||0yrs||MO$4.20m||no data|
|Independent Non-Executive Director||2.1yrs||MO$278.00k||no data|
|Independent Non-Executive Director||2.1yrs||MO$278.00k||no data|
|Independent Non-Executive Director||0.2yrs||no data||no data|
Experienced Board: 1183's board of directors are not considered experienced ( 2.1 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: 1183 insiders have only sold shares 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 14.1%.
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$1.629b
- 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||2020/02/17 13:16|
|End of Day Share Price||2020/02/17 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.